Tata Motors Ltd. Sees Surge in Active Put Options with 8,763 Contracts Traded at Rs 650 Strike

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s put options, set to expire on May 29, 2025, have seen significant trading activity, with 8,763 contracts exchanged, resulting in a turnover of approximately Rs 1,461.80 lakhs. The strike price for these puts is set at Rs 650, while the underlying stock is currently valued at Rs 643.50.
Despite the notable activity in the options market, Tata Motors has underperformed its sector by 1.03% today, although it has shown signs of a trend reversal after two consecutive days of decline. The stock is trading above its 20-day moving average but remains below the 5-day, 50-day, 100-day, and 200-day moving averages.

Investor participation has increased, with a delivery volume of 1.09 crore shares on April 30, reflecting a 103.4% rise compared to the five-day average. The stock's liquidity remains robust, accommodating trades of up to Rs 9.16 crore based on 2% of the five-day average traded value.

In summary, Tata Motors continues to be a focal point in the market, driven by significant options activity and a mixed performance relative to its sector.