Tata Motors Sees 8,204 Call Contracts at Rs 400 Strike Amid 2.52% Gain

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 8,204 call contracts traded, reflecting a turnover of approximately Rs 572.97 lakhs. The options have an expiry date set for October 28, 2025, with a strike price of Rs 400. Open interest stands at 10,571 contracts, indicating a robust interest in this strike level.
In terms of performance, Tata Motors has recorded a 1.42% return today, outperforming the sector's 1.02% and the Sensex's modest 0.13% gain. The stock has been on a positive trajectory, gaining 2.52% over the last two days. However, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a potential trend reversal.

Despite a decline in delivery volume, which has fallen by 41.17% compared to the 5-day average, the stock remains liquid enough for trades sized at Rs 31.5 crore, based on 2% of the 5-day average traded value. Overall, Tata Motors continues to attract attention in the market, reflecting its significant position within the large-cap segment of the automobile industry.