Bajaj Finance Ltd Sees Surge in Active Put Options with 6,039 Contracts Traded

Bajaj Finance Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, BAJFINANCE, has seen significant trading activity with 6,039 contracts traded, resulting in a turnover of approximately Rs 1,199.01 lakhs. The put options have a strike price of Rs 9,000 and are set to expire on May 29, 2025. Open interest stands at 3,722 contracts, indicating a robust interest in this option.
In terms of performance, Bajaj Finance has outperformed its sector by 0.95% today, marking a consecutive gain over the last two days with a total return of 5.76% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend. Additionally, the stock has shown rising investor participation, with a delivery volume of 648,000 shares on May 12, which is up 0.79% compared to the 5-day average.

With a market capitalization of Rs 5,68,451.86 crore, Bajaj Finance operates within the Finance/NBFC industry and continues to demonstrate liquidity suitable for trades of Rs 0.52 crore. The stock's one-day return stands at 1.43%, while the sector and Sensex have reported returns of 0.38% and -0.55%, respectively. Overall, Bajaj Finance's current activity in the options market highlights its significant position within the financial sector.