Bajaj Auto Ltd. Sees Surge in Active Call Options with 19,772 Contracts at 9100 Strike

Bajaj Auto Ltd., a prominent player in the automobiles sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, BAJAJ-AUTO, has seen significant trading activity in call options set to expire on May 29, 2025. Notably, the strike price of 9100 recorded the highest number of contracts traded at 19,772, generating a turnover of approximately Rs 131.43 lakhs, while the strike prices of 9000 and 9200 followed closely with 15,878 and 17,066 contracts traded, respectively.
The underlying value of Bajaj Auto stands at Rs 8,836. The stock has recently experienced a trend reversal, having fallen after five consecutive days of gains, with an intraday low of Rs 8,775, reflecting a decline of 2.1%. Despite this dip, the stock remains above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is below the 200-day moving average.

Investor participation has shown signs of decline, with delivery volume dropping by 23.93% compared to the 5-day average. The stock's liquidity remains robust, accommodating trades of up to Rs 9.59 crore based on 2% of the 5-day average traded value. Overall, Bajaj Auto's performance today highlights a dynamic trading environment amid fluctuating market conditions.