Tata Motors Ltd. Sees 33,680 Call Contracts Surge at Rs 700 Strike Price

Tata Motors Ltd., a prominent player in the automobiles sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, TATAMOTORS, saw significant activity with 33,680 call contracts traded, reflecting a turnover of approximately Rs 1,306.78 lakhs. The options have an expiry date set for July 31, 2025, with a strike price of Rs 700. The open interest stands at 7,933 contracts, indicating a robust interest in this option.
In terms of performance metrics, Tata Motors has outperformed its sector by 0.34% today, marking a trend reversal after two consecutive days of decline. The stock's current value is Rs 684.05, which is higher than both the 20-day and 100-day moving averages, although it remains below the 5-day, 50-day, and 200-day moving averages. Notably, the stock recorded a 1-day return of 0.60%, while the sector and Sensex returned 0.11% and 0.03%, respectively.

Despite a decrease in delivery volume, which fell by 28.01% against the 5-day average, Tata Motors maintains sufficient liquidity for trades, with a trade size of Rs 15.66 crore based on 2% of the 5-day average traded value. Overall, Tata Motors continues to demonstrate notable activity and resilience in the current market landscape.