Bajaj Finance Sees Surge in Active Put Options with 1,704 Contracts Traded at Rs 900 Strike

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, trading under the ticker BAJFINANCE, has seen significant activity with 1,704 contracts traded, resulting in a turnover of approximately Rs 270.09 lakhs. The put options have a strike price of Rs 900 and are set to expire on July 31, 2025, with an open interest of 2,947 contracts.
In terms of performance, Bajaj Finance has underperformed its sector by 1.23%, reflecting a decline of 2.96% over the last two days. The stock's current value stands at Rs 908.25, which is above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. Additionally, the stock has experienced a decrease in investor participation, with a delivery volume of 65.82 lakhs on July 2, down 1.29% from the 5-day average.

Despite the challenges, Bajaj Finance maintains a market capitalization of Rs 5,64,288.29 crore, indicating its large-cap status. The liquidity remains adequate for trading, with a size of Rs 21.13 crore based on 2% of the 5-day average traded value. Overall, the activity in Bajaj Finance's put options highlights the current market dynamics surrounding this large-cap financial entity.