Bajaj Auto Ltd. Sees Surge in Active Call Options with 9,975 Contracts at Rs 9000

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 June 26, 2025. Notably, the call option with a strike price of Rs 9000 led the activity with 9,975 contracts traded, generating a turnover of Rs 1,122.58 lakhs and an open interest of 4,247 contracts. Other strike prices also attracted attention, with 6,177 contracts traded at a strike price of Rs 8800, resulting in a turnover of Rs 1,061.75 lakhs. The Rs 8900 strike price saw 5,471 contracts traded, while the Rs 9500 strike price had 7,309 contracts, contributing to a turnover of Rs 255.02 lakhs. Despite this activity, Bajaj Auto's stock has underperformed the sector by 1.25%, with an intraday low of Rs 8641.5, reflecting a decline of 2.63%. The stock remains above its 20-day, 50-day, and 100-day moving averages but is below its 5-day and 200-day averages. Additionally, the delivery volume has decreased significantly, indicating a drop in investor participation. Overall, Bajaj Auto's current trading dynamics highlight a complex interplay of market activity and performance metrics.