Bajaj Auto Ltd. Sees Surge in Active Call Options with 9,188 Contracts Traded

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 9,188 call contracts exchanged, reflecting a turnover of approximately Rs 776.55 lakhs. The options have a strike price of Rs 9,200 and are set to expire on September 30, 2025. The open interest stands at 3,779 contracts, indicating ongoing interest in this option.
In terms of performance, Bajaj Auto has shown a slight underperformance compared to its sector, with a decline of 0.45% today. However, the stock has been on a positive trajectory over the past two days, gaining 1.44% during this period. Notably, Bajaj Auto is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price action.

Investor participation has also increased, with a delivery volume of 191,000 shares on September 22, marking a 14.68% rise compared to the 5-day average. The stock's liquidity remains robust, accommodating trades of up to Rs 5.86 crore based on 2% of the 5-day average traded value. Overall, Bajaj Auto's current activity reflects a dynamic trading environment, underscoring its position in the market.