Tata Motors Ltd. Sees Surge in Call Option Activity with 7,426 Contracts at Rs 720 Strike

Tata Motors Ltd., a prominent player in the automobile industry, 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 7,426 contracts exchanged at a strike price of Rs 720, leading to a turnover of approximately Rs 804.38 lakhs. The open interest stands at 8,732 contracts, indicating a robust interest in this option.
Today, Tata Motors is trading at Rs 717.7, which positions it above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its performance metrics. The stock has shown a 1D return of 0.76%, slightly trailing the sector's return of 0.83% and outperforming the Sensex, which recorded a 0.41% return.

Despite the positive performance, there has been a decline in investor participation, with delivery volume dropping by 38.79% compared to the 5-day average. The stock remains liquid, accommodating trade sizes of Rs 12 crore based on 2% of the 5-day average traded value. Overall, Tata Motors continues to demonstrate resilience in a competitive market landscape.