Bajaj Finance Ltd Sees 7,370 Active Put Options at Rs 9,000 Strike Price

Bajaj Finance Ltd, a prominent player in the Finance/NBFC sector, 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 activity with 7,370 contracts traded, resulting in a turnover of approximately Rs 1,448.09 lakhs. The put options have a strike price of Rs 9,000 and are set to expire on May 29, 2025, with an open interest of 3,793 contracts.
In terms of performance, Bajaj Finance has underperformed its sector by 0.59% today, despite a positive trend over the last three days, where the stock has gained 4.83%. The stock has traded within a narrow range of Rs 88, indicating some stability in its price movements. Currently, Bajaj Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally upward trend.

However, there has been a decline in investor participation, with delivery volume dropping by 7.73% compared to the 5-day average. The stock remains liquid, with a trading capacity of Rs 5.34 crore based on 2% of the 5-day average traded value. The one-day return for Bajaj Finance stands at 0.23%, while the sector and Sensex have reported returns of 0.88% and 0.59%, respectively. Overall, the activity in Bajaj Finance's put options reflects a notable interest in the stock amidst its recent performance trends.