Tata Motors Ltd. Sees 3,907 Active Call Contracts at Rs 670 Strike Price

Tata Motors Ltd., a prominent player in the automobiles industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on July 31, 2025, with a strike price of Rs 670, saw significant activity with 3,907 contracts traded, resulting in a turnover of Rs 54.698 lakhs. The open interest for these options stands at 1,252 contracts, indicating a robust interest among traders.
Despite the heightened activity in options, Tata Motors has faced challenges in its stock performance. The stock has underperformed the sector by 0.95% today, continuing a downward trend with a 3.95% decline over the past two days. The stock reached an intraday low of Rs 652.35, reflecting a decrease of 2.41%. Currently, Tata Motors is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish sentiment.

On a positive note, the delivery volume surged to 89.98 lakhs on July 30, marking a 126.88% increase compared to the 5-day average, which indicates rising investor participation. With a market capitalization of Rs 2,46,086.00 crore, Tata Motors remains a significant entity in the large-cap segment of the market. Overall, the stock's current dynamics highlight a complex interplay of increased trading activity amid ongoing performance challenges.