Bajaj Finance Ltd Sees Surge in Active Call Options with 10,014 Contracts Traded

Bajaj Finance Ltd has emerged as one of the most active stocks in the finance/NBFC sector today, reflecting significant trading activity. The stock, trading under the ticker BAJFINANCE, has seen a notable increase in option activity, particularly in call options with an expiry date set for May 29, 2025. The strike price for these options is set at Rs 9,000, with a total of 10,014 contracts traded, resulting in a turnover of approximately Rs 30.50 crore. The open interest stands at 4,112 contracts, indicating a robust interest in this option.
In terms of performance, Bajaj Finance has gained 3.89% over the last two days, aligning closely with sector trends. The stock's current value is Rs 8,937, which is above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. The stock's delivery volume has also seen a rise, with 118,400 shares delivered on May 2, marking a 35.65% increase compared to the 5-day average.

Overall, Bajaj Finance's performance metrics and active trading in options reflect a dynamic position within the market, highlighting its liquidity and investor engagement.