Tata Power Company Ltd Sees Surge in Put Option Activity with 3,877 Contracts Traded

Tata Power Company Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a significant player in the power industry with a market capitalization of Rs 1,30,002.39 crore, saw notable activity in its put options expiring on July 31, 2025. Specifically, 3,877 contracts were traded at a strike price of Rs 400, generating a turnover of approximately Rs 424.24 lakh. The open interest for these puts stands at 1,881 contracts, indicating a robust interest among traders.
In terms of performance, Tata Power has outperformed its sector by 0.36%, with a one-day return of 0.35%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a positive trend. However, there has been a decline in investor participation, with delivery volume dropping by 35.28% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity, accommodating trades of up to Rs 4.47 crore based on 2% of the 5-day average traded value.

In summary, Tata Power's active put options trading highlights a significant moment in its market activity, characterized by strong performance metrics and a notable turnover in the options market.