Tata Motors Ltd. Sees Surge in Active Call Options with 8,839 Contracts at 720 Strike

Tata Motors Ltd., a prominent player in the automobile industry, has emerged as one of the most active stocks in today's trading session. The company, with a market capitalization of Rs 2,62,767 crore, has seen significant activity in its call options, particularly for the expiry date of September 30, 2025. Two notable call options have garnered attention: the 750 strike price, with 6,529 contracts traded and a turnover of Rs 255.41 lakh, and the 720 strike price, which saw 8,839 contracts traded and a turnover of Rs 1,040.17 lakh. The open interest for these options stands at 9,356 and 9,143, respectively, indicating robust market engagement. The underlying value of Tata Motors is currently at Rs 721.0. In terms of performance metrics, Tata Motors has outperformed its sector by 0.74% today, marking a consecutive gain over the last two days with a total return of 1.31%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend. Additionally, the delivery volume of 40.58 lakh on September 16 has increased by 29.08% compared to the 5-day average, showcasing rising investor participation. Overall, Tata Motors continues to demonstrate solid performance and active trading, underscoring its position in the market.