Tata Motors Ltd. Sees 5,321 Active Put Contracts at Rs 720 Strike Price

Tata Motors Ltd., a prominent player in the automobiles industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 725.65. Notably, a total of 5,321 put contracts were traded with a turnover of approximately Rs 29.90 lakhs, indicating significant activity in this option type, which has a strike price set at Rs 720 and an expiry date of May 29, 2025.
Despite the heightened trading activity, the stock has experienced a slight decline of 0.50% today, following two consecutive days of gains. The stock has been trading within a narrow range of Rs 6.55, and while it remains above the 5-day, 20-day, 50-day, and 100-day moving averages, it is currently below the 200-day moving average. Open interest stands at 1,869 contracts, reflecting ongoing interest in this option.

Investor participation has seen a decline, with delivery volume dropping by 15.54% compared to the 5-day average. However, the stock maintains adequate liquidity, with a trading capacity of Rs 15.38 crores based on 2% of the 5-day average traded value. Overall, Tata Motors continues to be a focal point in the market, showcasing notable activity in its put options today.