Bajaj Auto Ltd. Sees Surge with 14,444 Active Call 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 underlying stock, BAJAJ-AUTO, has seen significant trading activity with 14,444 call contracts exchanged, reflecting a turnover of approximately Rs 2,237.56 lakhs. The options have an expiry date set for September 30, 2025, with a strike price of Rs 9,200.
Currently, the underlying value of Bajaj Auto stands at Rs 9,095. The stock has demonstrated a solid performance today, with a 1D return of 0.72%, slightly trailing the sector's return of 0.88% and outperforming the Sensex, which returned 0.19%. The stock has traded within a narrow range of Rs 70, indicating stability amid market fluctuations.

Bajaj Auto is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price action. Additionally, the delivery volume has increased significantly, with 339,000 shares delivered on September 4, marking a 47.97% rise compared to the 5-day average. With an open interest of 2,042 contracts, the liquidity remains robust, supporting a trade size of Rs 9.55 crore. Overall, Bajaj Auto's activity today highlights its strong market position and investor engagement.