TVS Motor Company Sees Surge in Active Call Options with 5,064 Contracts Traded at Rs 2900

TVS Motor Company Ltd, a prominent player in the Automobile Two & Three Wheelers industry, has emerged as one of the most active stocks today. The company, with a market capitalization of Rs 1,28,026.48 crore, has seen significant trading activity in its call options, particularly for the expiry date of May 29, 2025. The strike price for these options is set at Rs 2900, with a total of 5,064 contracts traded, resulting in a turnover of Rs 782.68 lakh. The open interest stands at 1,614 contracts, indicating ongoing interest in this option.
In terms of performance metrics, TVS Motor Company has underperformed its sector by 2.39%, with the stock hitting an intraday low of Rs 2680.1, reflecting a decline of 4.05%. The weighted average price suggests that more volume was traded closer to this low price. While the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is currently below the 5-day moving average. Additionally, investor participation has seen a decline, with delivery volume dropping by 27.41% compared to the 5-day average.

In summary, TVS Motor Company is experiencing notable trading activity amid a challenging performance landscape, highlighting the dynamics of the current market environment.