Tata Motors Ltd. Sees Surge in Put Option Activity: 14,409 Contracts at 720 Strike

Tata Motors Ltd., a prominent player in the automobile industry, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s stock, trading under the ticker TATAMOTORS, has seen significant activity with multiple strike prices for puts expiring on June 26, 2025.
Notably, the put option with a strike price of 720 recorded 14,409 contracts traded, generating a turnover of approximately Rs 1,087.30 lakhs, while the 730 strike price saw 11,414 contracts traded with a turnover of Rs 1,062.81 lakhs. The 700 strike price also attracted attention, with 12,260 contracts traded and a turnover of Rs 488.19 lakhs. The underlying value of Tata Motors is currently at Rs 714.45, with open interest levels at 3,982 for the 720 strike, 2,806 for the 730 strike, and 6,001 for the 700 strike.

In terms of performance, Tata Motors has underperformed its sector by 0.36%, with a one-day return of -1.62%. The stock has been on a downward trend, losing 4.49% over the past two days. It opened with a gap down of 2.15% today, reaching an intraday low of Rs 698.3. Despite these challenges, the stock remains liquid, with a delivery volume of 56.86 lakhs, indicating rising investor participation.

In summary, Tata Motors' notable activity in put options reflects current market dynamics, with significant trading volumes and open interest across various strike prices, amidst a backdrop of recent stock performance challenges.