Tata Motors Sees Surge in Active Put Options with 3,645 Contracts at Rs 730 Strike

Tata Motors Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, TATAMOTORS, is currently valued at Rs 736.1, with a notable expiry date for the options set for May 29, 2025. The put options have a strike price of Rs 730, and today, 3,645 contracts were traded, resulting in a turnover of approximately Rs 259.47 lakhs. The open interest stands at 2,722 contracts, indicating a significant level of activity and interest in this option.
In terms of performance, Tata Motors has outperformed its sector by 0.67% today, marking a consecutive gain over the last three days with a total return of 5.32% during this period. The stock has traded within a narrow range of Rs 7.1, reflecting stability in its price movements. Additionally, it is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Despite a slight decline in investor participation, with delivery volume decreasing by 10.7% against the 5-day average, the stock maintains adequate liquidity for trading, with a value of Rs 24.55 crore based on 2% of the 5-day average traded value. The one-day return for Tata Motors is recorded at 0.60%, while the sector and Sensex returns are at 0.08% and -0.08%, respectively. Overall, Tata Motors continues to show resilience in the current market landscape.