Tata Motors Ltd. Sees Surge in Call Options with 5,806 Contracts Traded at Rs 720 Strike

Tata Motors Ltd., a prominent player in the automobiles sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, TATAMOTORS, saw significant activity with 5,806 call contracts traded, reflecting a turnover of approximately Rs 304.32 lakhs. The options set to expire on June 26, 2025, have a strike price of Rs 720.00, while the underlying value currently stands at Rs 705.10. Open interest for these contracts is recorded at 9,676.
Despite this activity, Tata Motors has underperformed its sector by 0.36% today, continuing a downward trend with a 4.49% decline over the last two days. The stock opened with a loss of 2.15% and reached an intraday low of Rs 698.30, marking a decrease of 2.38%. The trading range was narrow, limited to Rs 6.70.

In terms of moving averages, the stock is positioned higher than the 50-day and 100-day averages but lower than the 5-day, 20-day, and 200-day averages. Notably, delivery volume has increased by 7.16% against the 5-day average, indicating rising investor participation. Overall, Tata Motors remains a focal point in the market, reflecting both activity and challenges in its recent performance.