Tata Motors Ltd. Sees Surge in Active Call Options with 6,340 Contracts at Rs 700 Strike

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 700.6.
Notably, call options with an expiry date of May 29, 2025, have seen substantial trading volumes. The strike price of Rs 700 recorded 6,340 contracts traded, generating a turnover of Rs 756.19 lakhs, while the Rs 710 strike price options saw 6,029 contracts traded with a turnover of Rs 533.40 lakhs. The Rs 720 strike price options also attracted attention, with 5,034 contracts traded and a turnover of Rs 325.68 lakhs. Open interest figures indicate robust market engagement, with 9,731 contracts for the Rs 700 strike, 6,685 for the Rs 710 strike, and 8,856 for the Rs 720 strike.

In terms of performance, Tata Motors has outperformed its sector by 0.79% today, marking a trend reversal after two consecutive days of decline. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Additionally, the stock's delivery volume of 1.01 crore on May 14 has increased by 12.28% compared to the 5-day average, indicating rising investor participation.

Overall, Tata Motors continues to demonstrate strong liquidity and active trading, reflecting its significant position within the large-cap market, with a market capitalization of Rs 2,58,117.77 crore.