Tata Motors Ltd. Sees Surge in Active Put Options with 20,058 Contracts at 680 Strike

Tata Motors Ltd., a prominent player in the automobiles sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 690.9. Notably, two significant put options are drawing attention: the 690 strike price with 14,099 contracts traded and a turnover of Rs 1,153.86 lakhs, and the 680 strike price with 20,058 contracts traded and a turnover of Rs 1,020.55 lakhs.
The expiry date for these options is set for July 31, 2025, indicating a longer-term outlook among traders. Open interest stands at 3,068 for the 690 strike and 4,574 for the 680 strike, reflecting ongoing interest in these positions.

In terms of performance, Tata Motors has outperformed its sector by 1.57% today, with a one-day return of 1.53%. The stock has shown a positive trend, gaining 4.43% over the last two days. It is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Additionally, the stock has seen a significant increase in delivery volume, rising by 92.76% against the 5-day average, indicating rising investor participation.

Overall, Tata Motors continues to demonstrate robust activity in the options market, reflecting its strong market position and liquidity.