Tata Motors Sees Surge in Put Options with 11,966 Contracts and Rs 730 Strike Price

Tata Motors Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a prominent player in the automobiles industry, has seen significant activity with 11,966 put contracts traded, reflecting a turnover of approximately Rs 852.35 lakhs. The put options have a strike price of Rs 730 and are set to expire on May 29, 2025. The underlying value of Tata Motors is currently at Rs 728.7, indicating a close proximity to the strike price.
In terms of performance, Tata Motors has outperformed its sector by 0.64% today, with a one-day return of 0.37%. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. However, there has been a notable decline in investor participation, with delivery volume dropping by 45.23% compared to the 5-day average, totaling 41.93 lakhs on May 19.

Despite the decrease in delivery volume, the stock maintains sufficient liquidity, with trading activity representing 2% of the 5-day average traded value, allowing for a trade size of Rs 24.3 crore. The current open interest stands at 2,915 contracts, indicating ongoing interest in these put options. Overall, Tata Motors continues to be a focal point in the market, reflecting both its operational dynamics and investor engagement.