Tata Motors Ltd. Sees Surge in Call Options Activity with 6,879 Contracts Traded

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 call options. The stock, currently valued at Rs 724.85, has shown a notable performance, outperforming its sector by 0.36%. Over the past five days, Tata Motors has recorded a consecutive gain, with returns of 2.71%.
In the options market, two call options with expiry dates set for June 26, 2025, have attracted considerable attention. The call option with a strike price of Rs 730 saw 4,908 contracts traded, generating a turnover of Rs 418.54 lakhs, while the Rs 720 strike price option recorded 6,879 contracts traded, resulting in a turnover of Rs 767.42 lakhs. The open interest for these options stands at 7,721 and 9,811 contracts, respectively, indicating robust market engagement.

Despite the positive performance metrics, there has been a decline in investor participation, with delivery volume dropping by 7.57% compared to the five-day average. The stock remains liquid, accommodating trade sizes of Rs 16.11 crore based on 2% of the five-day average traded value. Overall, Tata Motors continues to demonstrate resilience in a competitive market landscape.