Tata Motors Ltd. Sees Surge in Active Call Options with 20,363 Contracts Traded

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars industry, has emerged as one of the most active stocks today. The company, with a market capitalization of Rs 2,31,262.33 crore, has seen significant trading activity in its call options, particularly with an expiry date set for April 24, 2025. The strike price for these options is Rs 630, with a notable 20,363 contracts traded, resulting in a turnover of approximately Rs 697.92 lakh. The open interest stands at 8,934 contracts, indicating a robust interest in this option.
In terms of performance, Tata Motors has shown a 1.94% increase over the last two days, aligning closely with sector trends. The stock's current value is Rs 628.5, reflecting a 1.07% return for the day, slightly below the sector's 1.25% return and the Sensex's 1.06% return. While the stock is trading above its 5-day moving average, it remains below the 20, 50, 100, and 200-day moving averages, suggesting mixed momentum. Additionally, delivery volume has decreased by 13.92% compared to the 5-day average, indicating a decline in investor participation.

Overall, Tata Motors continues to attract attention in the market, driven by its active options trading and recent performance metrics.