Tata Motors Sees 3,468 Active Call Contracts at Rs 740 Strike Price

Tata Motors Ltd., a prominent player in the automobile industry, 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 3,468 call contracts traded, reflecting a turnover of Rs 5.38 lakhs. The options set to expire on May 29, 2025, have a strike price of Rs 740, with an open interest of 7,629 contracts, indicating a robust interest in this particular option.
In terms of performance, Tata Motors has outperformed its sector by 0.45%, marking a consecutive gain over the last two days with a total return of 0.84%. The stock has traded within a narrow range of Rs 6.75 today, with a 1-day return of 0.61%, compared to a sector return of 0.36% and a Sensex return of 0.19%.

Currently, the underlying value of Tata Motors stands at Rs 722.35, and the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. However, it is noteworthy that delivery volume has decreased by 14.33% compared to the 5-day average, with a delivery volume of 34.64 lakhs recorded on May 28. Despite this, the stock maintains sufficient liquidity for trades sized at Rs 15.62 crores, reflecting its large-cap status with a market capitalization of Rs 2,65,922.23 crores.

In summary, Tata Motors continues to show notable activity in the market, driven by significant options trading and a solid performance relative to its sector.