Tata Motors Sees 4,476 Contracts in Most Active Rs 710 Strike Put Options

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 710.95. Notably, several put options with an expiry date of October 28, 2025, have seen significant trading activity.
The put option with a strike price of Rs 710 led the activity, with 4,476 contracts traded and a turnover of Rs 476.25 lakhs. Following closely, the strike price of Rs 720 recorded 2,536 contracts traded, generating a turnover of Rs 381.21 lakhs. Other notable strike prices include Rs 680, with 2,708 contracts traded, and Rs 690, with 2,549 contracts traded, reflecting a robust interest in these options.

Despite the heightened activity in the options market, Tata Motors has underperformed its sector by 0.27% today, with a one-day return of -0.77%. The stock has been on a downward trend, losing 1.05% over the past two days. However, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential resilience in its longer-term performance. The liquidity remains favorable, with a delivery volume of 93.84 lakhs, up 23.24% from the 5-day average.

In summary, Tata Motors' active put options trading reflects a significant engagement in the market, while the stock navigates a challenging performance landscape.