Tata Motors Ltd. Sees 7,817 Active Call Options at Rs 700 Strike Price

Tata Motors Ltd., a prominent player in the automobiles sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, TATAMOTORS, has seen significant activity with 7,817 call contracts traded, reflecting a turnover of Rs 3.01 lakh. The options have a strike price of Rs 700 and are set to expire on June 26, 2025, with an open interest of 7,089 contracts, indicating a robust interest among traders.
In terms of performance, Tata Motors has outperformed its sector by 0.81%, marking a consecutive gain over the last three days with a total return of 1.14% during this period. The stock has traded within a narrow range of Rs 5.75 today, with a current underlying value of Rs 679. Notably, it is trading above its 5-day moving averages but below the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting mixed momentum.

Despite a slight decline in delivery volume, which fell by 1.34% against the 5-day average, the stock remains liquid enough for a trade size of Rs 16.62 crore, based on 2% of the 5-day average traded value. Overall, Tata Motors continues to demonstrate notable activity and resilience in the current market landscape.