Surge in Active Put Options for Tata Motors as Rs 680 Strike Hits 3,347 Contracts

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 stock, trading at an underlying value of Rs 669.9, has seen significant activity with multiple put options set to expire on July 31, 2025.
Notably, the put option with a strike price of Rs 680 recorded 3,347 contracts traded, generating a turnover of Rs 367.37 lakhs, while the Rs 670 strike saw 4,761 contracts traded with a turnover of Rs 280.06 lakhs. The most active was the Rs 660 strike price, with 5,093 contracts traded and a turnover of Rs 138.25 lakhs. Open interest figures indicate a total of 1,940 contracts for the Rs 680 strike, 1,657 for the Rs 670 strike, and 1,717 for the Rs 660 strike.

In terms of performance, Tata Motors has underperformed its sector by 2.98%, with a one-day return of -3.25%. The stock reached an intraday low of Rs 665.25, reflecting a decline of 3.91%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The liquidity remains adequate for trading, with a delivery volume of 31.26 lakhs, although this has decreased by 25.21% compared to the 5-day average.

In summary, Tata Motors' put options activity highlights a notable shift in market dynamics, reflecting current investor sentiment and trading behavior without making any future predictions.