Tata Motors Ltd. Sees Surge with 12,594 Active Call Options at Rs 680 Strike

Tata Motors Ltd., a prominent player in the automobiles sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, TATAMOTORS, saw significant activity with 12,594 call contracts traded, reflecting a turnover of approximately Rs 140.61 lakhs. The options have an expiry date set for June 26, 2025, with a strike price of Rs 680. Open interest stands at 2,859 contracts, indicating ongoing interest in this option.
In terms of performance, Tata Motors has outperformed its sector by 0.27% today, marking its fourth consecutive day of gains with a total return of 2.23% over this period. The stock's current value is Rs 682.7, which is higher than both the 5-day and 100-day moving averages, although it remains below the 20-day, 50-day, and 200-day moving averages.

Despite the positive performance metrics, there has been a noted decline in investor participation, with delivery volume dropping by 19.05% compared to the 5-day average. Nevertheless, the stock maintains sufficient liquidity for trading, with a trade size of Rs 16.44 crore based on 2% of the 5-day average traded value. Overall, Tata Motors continues to demonstrate notable activity in the market, reflecting its strong position within the large-cap segment of the automobile industry.