Tata Motors Ltd. Sees Surge in Put Options with 10,203 Contracts Traded at Rs 690 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 688.25, with a notable expiry date for the options set for July 31, 2025. The put option has a strike price of Rs 690, and today, 10,203 contracts were traded, resulting in a turnover of approximately Rs 415.47 lakhs. The open interest stands at 2,155 contracts, indicating a significant level of activity and interest in this option.
In terms of performance, Tata Motors has outperformed its sector by 0.76% today. The stock's moving averages indicate it is currently higher than the 5-day, 20-day, and 100-day averages, although it remains below the 50-day and 200-day averages. However, investor participation appears to be declining, with a delivery volume of 29.21 lakhs on July 25, reflecting a decrease of 27.3% compared to the 5-day average.

With a market capitalization of Rs 2,56,983.00 crore, Tata Motors continues to maintain liquidity, sufficient for a trade size of Rs 15.26 crore, despite the recent drop in delivery volumes. Overall, the activity in Tata Motors' put options highlights the ongoing interest in the stock amid fluctuating market conditions.