Tata Motors Sees 6,318 Contracts in Rs 700 Strike Price Puts Trade

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 the put options segment. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 693.3. 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 700 led the activity with 6,318 contracts traded, resulting in a turnover of Rs 613.60 lakhs and an open interest of 5,611 contracts. Following closely, the Rs 670 strike price option recorded 4,808 contracts traded and a turnover of Rs 90.39 lakhs, while the Rs 680 strike price option saw 7,048 contracts traded, contributing Rs 215.95 lakhs to the turnover.

Despite this activity, Tata Motors has underperformed its sector by 0.41% today, with a one-day return of -0.37%. The stock has been on a downward trend, losing 3.07% over the past four days. It remains above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages. The liquidity remains adequate for trading, with a delivery volume of 70.98 lakhs, although this has decreased by 2.04% compared to the 5-day average.

In summary, Tata Motors is experiencing notable put option activity, reflecting current market dynamics, while the stock itself is navigating a challenging performance landscape.