Tata Motors Ltd. Sees Surge in Active Put Options with 8,461 Contracts Traded

Tata Motors Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, TATAMOTORS, is currently valued at Rs 717.85, with a notable expiry date for the options set for June 26, 2025. The put options have a strike price of Rs 720, and today, a significant volume of 8,461 contracts was traded, resulting in a turnover of approximately Rs 767.09 lakhs. The open interest stands at 4,943 contracts, indicating ongoing interest in this option.
In terms of performance, Tata Motors has outperformed its sector by 0.44% today, marking a consecutive gain over the last five days with a total return of 2.79% during this period. The stock's moving averages are currently higher than the 5-day, 20-day, 50-day, and 100-day averages, although it remains below the 200-day moving average. However, there has been a decline in investor participation, with delivery volume dropping by 7.57% compared to the 5-day average.

Overall, Tata Motors continues to show strong activity in the options market, reflecting its position within the large-cap automobile industry.