Bajaj Finance Ltd Sees Surge in Active Call Options with 12,360 Contracts Traded

Bajaj Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying asset, BAJFINANCE, saw significant activity with 12,360 call contracts traded, resulting in a turnover of approximately Rs 2,793.98 lakhs. The options have an expiry date set for July 31, 2025, with a strike price of Rs 950, aligning with the current underlying value.
Despite this activity, Bajaj Finance's stock has underperformed the sector by 0.77%, closing 4.07% away from its 52-week high of Rs 978.8. After a five-day streak of gains, the stock experienced a trend reversal, recording a 1.31% decline today. However, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend.

Investor participation has also increased, with a delivery volume of 64.55 lakhs on June 26, reflecting a 20.2% rise compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 19.42 crore based on 2% of the 5-day average traded value. Overall, Bajaj Finance continues to be a focal point in the market, showcasing notable trading activity amidst fluctuating performance metrics.