Tata Motors Ltd. Sees Surge in Active Call Options with 4,718 Contracts at Rs 680 Strike

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 675.55.
Notably, two call options with expiry dates set for May 29, 2025, have attracted considerable attention. The call option with a strike price of Rs 680 saw 4,718 contracts traded, generating a turnover of approximately Rs 788.25 lakhs, while the Rs 700 strike price option recorded 5,192 contracts traded and a turnover of around Rs 601.36 lakhs. Open interest for these options stands at 3,367 and 5,553 contracts, respectively, indicating robust market engagement.

In terms of performance, Tata Motors has outperformed its sector by 0.5% today, marking a consecutive gain over the last two days with a total return of 2.65%. The stock reached an intraday high of Rs 682.90, reflecting a 2.21% increase. While the stock is currently above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages.

Despite a decline in delivery volume by 21.84% against the 5-day average, the stock maintains sufficient liquidity for trading, with a value of Rs 18.03 crore based on 2% of the 5-day average traded value. Overall, Tata Motors continues to demonstrate notable activity in the market, underscoring its position within the large-cap segment.