Tata Motors Ltd. Sees Surge in Active Put Options with 9,857 Contracts at Rs 660

Tata Motors Ltd., a prominent player in the automobile industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s stock, trading under the ticker TATAMOTORS, has seen significant activity with two notable put options set to expire on August 28, 2025.
The put option with a strike price of Rs 650 recorded 7,883 contracts traded, generating a turnover of approximately Rs 438.93 lakhs, while the Rs 660 strike price option saw even higher activity with 9,857 contracts traded and a turnover of around Rs 805.12 lakhs. The underlying value of Tata Motors is currently at Rs 663.3, reflecting a slight decline of 0.31% in its one-day return, underperforming the sector, which returned 0.22%.

Despite a recent trend reversal after three consecutive days of gains, the stock has maintained a position above its 5-day moving averages but remains below its longer-term moving averages. The stock has traded within a narrow range of Rs 5.4 today, with open interest for the Rs 650 and Rs 660 puts at 2,887 and 2,616 contracts, respectively.

Investor participation has seen a decline, with delivery volume dropping by 44.98% compared to the 5-day average. Nevertheless, Tata Motors remains liquid enough for trades sized at Rs 17.16 crores, indicating a stable trading environment. Overall, the activity in Tata Motors' put options highlights the current market dynamics surrounding this large-cap automobile manufacturer.