Bajaj Finance Ltd Sees 13,696 Active Put Options at Rs 9000 Strike Price

Bajaj Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The stock, currently valued at Rs 9610.5, is nearing its 52-week high, just 1.96% away from Rs 9788.
Today, notable activity was observed in several put options with an expiry date of June 26, 2025. The most traded put option was at a strike price of Rs 9000, with 13,696 contracts exchanged, resulting in a turnover of approximately Rs 603.02 lakhs and an open interest of 3,646 contracts. Other significant strike prices included Rs 9400, with 13,116 contracts traded and a turnover of Rs 1827.39 lakhs, and Rs 9200, where 12,799 contracts were traded, generating a turnover of Rs 988.24 lakhs.

Bajaj Finance's performance today aligns with sector trends, showing a slight decline of 0.08% over the last day. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market. Additionally, the stock has seen a rise in investor participation, with delivery volume increasing by 100.06% compared to the 5-day average.

In summary, Bajaj Finance's active put options trading reflects significant market engagement, underscoring its robust liquidity and positioning within the financial landscape.