Tata Motors Ltd. Sees Surge in Active Put Options with 2,648 Contracts at Rs 650 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 stock, trading at an underlying value of Rs 666.8, has seen significant activity with two notable put options set to expire on July 31, 2025.
The put option with a strike price of Rs 660 recorded 2,423 contracts traded, generating a turnover of Rs 104.48 lakhs, while the Rs 650 strike price option saw 2,648 contracts traded with a turnover of Rs 45.76 lakhs. Open interest for these options stands at 1,297 and 1,613 contracts, respectively, indicating a robust interest among traders.

Despite outperforming its sector by 0.95% today, Tata Motors has faced challenges, experiencing a consecutive decline over the past two days with a total return of -3.95%. The stock touched an intraday low of Rs 652.35, reflecting a decrease of 2.41%. Additionally, Tata Motors is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.

Investor participation has notably increased, with a delivery volume of 89.98 lakhs on July 30, marking a 126.88% rise against the 5-day average. The stock remains liquid, with a trade size of Rs 16.6 crore based on 2% of the 5-day average traded value.

In summary, Tata Motors continues to attract attention in the options market, reflecting a complex interplay of trading activity and market performance indicators.