Bajaj Auto has emerged as one of the most active stock calls today amid options market surge.

Bajaj Auto Ltd., a prominent player in the Automobile Two & Three Wheelers industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, BAJAJ-AUTO, saw significant activity with 8,697 call contracts traded, generating a turnover of approximately Rs 1,575.77 lakhs. The options have an expiry date set for April 24, 2025, with a strike price of Rs 8,000 and an open interest of 2,099 contracts.
In terms of price performance, Bajaj Auto opened the day with a loss of 3.15%, reaching an intraday low of Rs 7,631 before rebounding to an intraday high of Rs 8,048, reflecting a gain of 2.15%. Notably, the stock has outperformed its sector by 1.02% today, marking a trend reversal after four consecutive days of decline.

Despite this positive movement, the stock remains below its 5-day, 50-day, 100-day, and 200-day moving averages, although it is higher than the 20-day moving average. Additionally, investor participation has seen a decline, with delivery volume dropping by 47.8% compared to the 5-day average. Overall, Bajaj Auto's performance today highlights a complex interplay of market dynamics within the context of its recent trading activity.