Tata Motors Ltd. Sees Surge with 3,428 Active Call Options at Rs 700 Strike

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, has seen significant activity with 3,428 call contracts traded, reflecting a turnover of Rs 492.11 lakhs. The options have an expiry date set for July 31, 2025, with a strike price of Rs 700. Open interest stands at 7,936 contracts, indicating a robust interest in this option.
In terms of price performance, Tata Motors has shown a 1.29% gain over the last two days, aligning closely with sector trends. The stock has traded within a narrow range of Rs 5.35 today, with an underlying value of Rs 692.2. Notably, the stock's performance metrics reveal that it is currently above its 5-day and 100-day moving averages, yet below the 20-day, 50-day, and 200-day moving averages.

Despite a slight decline in delivery volume, which has decreased by 20.29% compared to the 5-day average, the stock remains liquid enough for trades of Rs 11.83 crore, based on 2% of the 5-day average traded value. Overall, Tata Motors continues to demonstrate notable activity in the market, reflecting its significant position within the large-cap segment of the automobile industry.