Tata Steel Sees 1,606 Put Contracts at Rs 170 Strike Amid Liquid Trading

Tata Steel Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a key player in the Ferrous Metals industry, saw significant activity with 1,606 contracts traded for put options with a strike price of Rs 170, set to expire on October 28, 2025. This trading activity resulted in a turnover of approximately Rs 259.69 lakhs and an open interest of 1,373 contracts, indicating a robust interest in this option type.
Despite the notable trading volume, Tata Steel's stock has underperformed its sector by 0.48% today, with a one-day return of -1.37%. The stock is currently valued at Rs 170.55, just 2.15% away from its 52-week high of Rs 174.74. It is noteworthy that Tata Steel is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong trend in the short to medium term.

Investor participation has seen a rise, with a delivery volume of 2.45 crore shares on October 3, reflecting a 139.93% increase compared to the 5-day average. The liquidity of the stock remains healthy, accommodating trades of up to Rs 9.65 crore based on 2% of the 5-day average traded value. Overall, Tata Steel's current market dynamics highlight a blend of active trading and solid underlying performance metrics.