Tata Motors Ltd. Sees Surge in Call Options with 7,128 Contracts at Rs 720 Strike

Tata Motors Ltd. has emerged as one of the most active stocks today, particularly in the options market. The company, a prominent player in the automobiles industry, has seen significant trading activity in its call options, with 7,128 contracts traded at a strike price of Rs 720. The turnover for these options reached approximately Rs 439.77 lakhs, indicating robust interest among traders. The open interest stands at 8,053 contracts, reflecting ongoing engagement in this option.
In terms of price performance, Tata Motors is currently valued at Rs 719.25, which positions it just below the strike price. The stock has traded within a narrow range of Rs 5.25 today, aligning its performance closely with the sector, which has seen a 1D return of 0.34%. Notably, Tata Motors' stock has maintained levels above its 20-day, 50-day, and 100-day moving averages, although it is currently below the 5-day and 200-day moving averages.

Despite a slight decline in delivery volume, which has fallen by 25.73% against the 5-day average, the stock remains liquid enough for trades of Rs 3.95 crore, indicating a healthy trading environment. Overall, Tata Motors continues to attract attention in the market, reflecting its significant position within the large-cap segment of the automobile industry.