TVS Motor Company Sees Surge in Put Option Activity with 3,429 Contracts Traded

TVS Motor Company Ltd, a prominent player in the Automobile Two & Three Wheelers industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, TVSMOTOR, is currently valued at Rs 2694.6, reflecting a one-day return of -3.52%, which underperformed the sector's decline of -1.50%.
Today, a total of 3,429 put contracts were traded with a turnover of approximately Rs 1,088.95 lakhs, indicating significant activity in this option type, which has a strike price of Rs 2700 and an expiry date set for May 29, 2025. The open interest stands at 931 contracts, suggesting ongoing interest among traders.

In terms of price performance, the stock reached an intraday low of Rs 2680.1, marking a decline of 4.05%. The weighted average price indicates 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 its 5-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 27.41% compared to the five-day average.

Overall, TVS Motor Company’s recent activity in the options market highlights a period of volatility and shifting dynamics within the stock, reflecting broader market trends and investor behavior.