Tata Motors Ltd. Sees Surge in Active Put Options, 4,396 Contracts at Rs 700 Strike

Tata Motors Ltd., a prominent player in the automobile industry, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 708.35. Notably, several put options with an expiry date of June 26, 2025, have seen significant trading activity.
The put option with a strike price of Rs 700 led the activity, with 4,396 contracts traded and a turnover of Rs 367.33 lakhs. Following closely, the Rs 710 strike price option recorded 3,266 contracts traded, generating a turnover of Rs 351.25 lakhs. Other notable strike prices include Rs 680 and Rs 690, with 1,985 and 2,114 contracts traded, respectively.

Despite a recent trend reversal, where the stock gained after three consecutive days of decline, it remains positioned above the 50-day and 100-day moving averages, yet below the 5-day, 20-day, and 200-day averages. The stock's liquidity is deemed adequate for trades up to Rs 15.09 crore, although investor participation has seen a decline, with delivery volume falling by 17.13% against the five-day average.

In summary, Tata Motors' put options are witnessing heightened activity, reflecting a dynamic trading environment as the stock navigates recent performance trends.