Bajaj Auto Ltd. Sees Surge in Call Options: 9,225 Contracts at Rs 9,200 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 call options, set to expire on September 30, 2025, with a strike price of Rs 9,200, saw significant trading activity, with 9,225 contracts exchanged and a turnover of approximately Rs 1,519.43 lakhs. The open interest for these options stands at 2,041 contracts, indicating a robust interest among traders.
In terms of performance, Bajaj Auto's stock opened with a gain of 2.57% today, reaching an intraday high of Rs 9,353.5, reflecting a 2.61% increase. Despite this positive movement, the stock has underperformed its sector by 0.66% today. Over the past four days, Bajaj Auto has shown a consecutive gain, accumulating a total return of 5.98%.

The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. However, it is noteworthy that investor participation has declined, with delivery volume dropping by 25.78% compared to the 5-day average. Overall, Bajaj Auto continues to demonstrate significant activity in the market, reflecting its position within the large-cap segment of the automobile industry.