Tata Motors Sees Surge in Active Put Options with 11,966 Contracts at Rs 590 Strike

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars industry, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s stock, currently valued at Rs 589.9, has seen significant trading activity in various put options set to expire on April 24, 2025.
Among the notable trades, the put option with a strike price of 600 recorded 9,800 contracts traded, generating a turnover of Rs 1,370.14 lakhs, while the 570 strike price option saw 10,162 contracts traded with a turnover of Rs 732.73 lakhs. The 540 strike price option had 10,990 contracts traded, contributing Rs 426.14 lakhs to the turnover. Additionally, the 500 strike price option recorded 11,225 contracts traded, with a turnover of Rs 224.11 lakhs, and the 590 strike price option had 11,966 contracts traded, resulting in a turnover of Rs 1,372.86 lakhs.

Despite the active trading in puts, Tata Motors is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a trend reversal. The stock has gained 1.59% over the last two days, with a one-day return of 0.28%. However, investor participation has declined, with delivery volume falling by 22.28% compared to the 5-day average.

Overall, Tata Motors continues to attract attention in the options market, reflecting a dynamic trading environment as investors navigate the current market conditions.