Tata Motors Sees Surge in Active Put Options with 6,561 Contracts at Rs 680 Strike

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 put options. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 682.2. Notably, two significant put options are drawing attention, both set to expire on June 26, 2025.
The put option with a strike price of Rs 680 saw 6,561 contracts traded, generating a turnover of Rs 195.17 lakhs, while the option with a strike price of Rs 670 recorded 7,417 contracts traded, resulting in a turnover of Rs 92.07 lakhs. Open interest for these options stands at 3,219 and 3,878 contracts, respectively, indicating a robust interest in these positions.

In terms of performance, Tata Motors has outperformed its sector by 0.38% today, with a one-day return of 1.86%, compared to the sector's return of 1.31% and the Sensex's return of 0.92%. The stock is currently trading above its 5-day and 100-day moving averages, although it remains below the 20-day, 50-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 26.05% against the 5-day average.

Overall, Tata Motors continues to attract significant trading activity in the options market, reflecting ongoing interest in its stock performance amidst fluctuating market conditions.