Tata Steel's Rs 185 Call Option Sees 7,970 Contracts Traded, Strong Open Interest

Tata Steel Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, a significant player in the Ferrous Metals industry with a market capitalization of Rs 2,23,018.00 crore, has seen substantial trading activity in call options set to expire on November 25, 2025. Notably, the call option with a strike price of Rs 185 recorded 7,970 contracts traded, generating a turnover of Rs 1,236.147 lakh, while the Rs 190 strike price option saw 6,172 contracts traded with a turnover of Rs 492.217 lakh. The open interest for these options stands at 8,676 and 6,318 contracts, respectively, indicating strong market engagement. In terms of price performance, Tata Steel is currently trading at Rs 181.99, just 2.71% away from its 52-week high of Rs 186.94. The stock has outperformed its sector by 1.11% today, reversing a two-day decline with a notable opening gap up of 3.02%. It reached an intraday high of Rs 184, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock's delivery volume of 1.04 crore on November 12 has increased by 9.44% compared to its 5-day average, reflecting rising investor participation. With a liquidity level sufficient for trades of Rs 7.16 crore, Tata Steel continues to attract attention in the market. Overall, the activity surrounding Tata Steel underscores its robust position within the industry.