Tata Motors' Rs 370 Put Option Sees 3,672 Contracts Traded Amid Market Volatility

Tata Motors Ltd., a prominent player in the automobile industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 396.2. Notably, several put options with an expiry date of October 28, 2025, have seen significant trading activity.
The put option with a strike price of Rs 370 led the activity, with 3,672 contracts traded and a turnover of Rs 129.55 lakhs. Following closely are the Rs 350 and Rs 340 strike prices, with 2,793 and 2,881 contracts traded, respectively, generating turnovers of Rs 42.01 lakhs and Rs 28.12 lakhs. The Rs 360 and Rs 330 strike prices also saw considerable interest, with 2,547 and 2,714 contracts traded, respectively.

Despite the recent uptick in performance, Tata Motors is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has gained slightly today, marking a reversal after eight consecutive days of decline. Additionally, the stock's liquidity remains robust, with a delivery volume of 2.11 crore shares on October 14, reflecting a 98.86% increase compared to the 5-day average.

In summary, Tata Motors' put options are witnessing heightened activity, underscoring the stock's current market dynamics and investor engagement.