Tata Steel Ltd Sees Surge in Call Options: 4,753 Contracts at Rs 170 Strike Traded

Tata Steel Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, operating within the Ferrous Metals industry, has seen significant trading activity in call options with expiry set for September 30, 2025. Notably, the call option with a strike price of Rs 175 recorded 4,425 contracts traded, generating a turnover of Rs 693.62 lakhs, while the Rs 170 strike price option saw 4,753 contracts traded with a turnover of Rs 1,401.18 lakhs. The open interest for these options stands at 1,777 and 2,416 contracts, respectively.
In terms of stock performance, Tata Steel reached a new 52-week high of Rs 172.5 today, reflecting a 2.87% increase during the trading session. The stock has outperformed its sector by 0.71% and has shown a consecutive gain over the last two days, yielding a total return of 3.04%. Additionally, Tata Steel is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a decline in delivery volume, which fell by 46.74% against the 5-day average, the stock remains liquid enough for a trade size of Rs 11.17 crore. With a market capitalization of Rs 2,09,286 crore, Tata Steel continues to solidify its position in the large-cap segment of the market. Overall, today's trading activity highlights the stock's robust performance and market engagement.