Tata Steel Ltd Sees Surge in Call Options Activity with 4,482 Contracts at Rs 160 Strike

Tata Steel Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment. The company, operating within the Ferrous Metals industry, has seen significant trading activity in call options set to expire on September 30, 2025. Notably, the call option with a strike price of Rs 165 recorded 4,009 contracts traded, generating a turnover of Rs 571.22 lakhs, while the Rs 160 strike price option saw 4,482 contracts traded with a turnover of Rs 1,208.71 lakhs.
The underlying value of Tata Steel is currently at Rs 160.94, reflecting a robust market position. The stock has outperformed its sector by 0.51% today, marking a consecutive gain over the last four days with a total return of 5.22%. It reached an intraday high of Rs 162.07, representing a 2.32% increase. Furthermore, Tata Steel is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

With an open interest of 1,426 for the Rs 165 strike and 2,223 for the Rs 160 strike, the liquidity remains favorable, supporting a trade size of Rs 5.92 crores. Overall, Tata Steel's performance metrics reflect a solid position in the market, underscoring its active trading status today.