Bajaj Auto Ltd. Sees Surge in Active Put Options with 12,722 Contracts Traded

Bajaj Auto Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, BAJAJ-AUTO, is currently valued at Rs 8,690. The put options, set to expire on August 28, 2025, have a strike price of Rs 8,700. Notably, 12,722 contracts were traded, resulting in a turnover of approximately Rs 945.37 lakhs, while open interest stands at 1,252 contracts.
In terms of price performance, Bajaj Auto has experienced a decline of 2.06% over the past two days, with a one-day return of -0.45%. The stock has been trading within a narrow range of Rs 52, indicating limited volatility. Despite this recent downturn, Bajaj Auto is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term upward trend.

Investor participation has seen a decline, with delivery volume dropping by 27.5% compared to the 5-day average. However, the stock remains liquid, with a trade size of Rs 12.09 crore based on 2% of the 5-day average traded value. Overall, Bajaj Auto's activity in the options market reflects a significant interest in its put options amid current market conditions.