Tata Motors Ltd. Sees Surge in Call Options with 6,599 Contracts at Rs 700 Strike

Tata Motors Ltd., a prominent player in the automobiles 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, has seen a notable number of call options traded, with 6,599 contracts exchanged at a strike price of Rs 700. This activity has generated a turnover of approximately Rs 835.70 lakhs, while the open interest stands at 9,537 contracts, indicating a robust interest in this option.
Today, Tata Motors' stock price is reported at Rs 688.30, which positions it slightly above its recent performance metrics. The stock has outperformed its sector by 0.55%, despite a lack of movement in the past trading period, maintaining a 0% return. The stock is currently trading higher than its 5-day and 100-day moving averages, although it remains below the 20-day, 50-day, and 200-day moving averages.

Investor participation appears to be declining, with a delivery volume of 23.94 lakhs on July 7, reflecting a decrease of 15.39% compared to the 5-day average. Nevertheless, the stock remains liquid enough for trades of Rs 10.65 crores, based on 2% of the 5-day average traded value. Overall, Tata Motors continues to attract attention in the market, showcasing its position within the large-cap segment with a market capitalization of Rs 2,53,763.20 crores.