Strong Call Option Volumes Signal Market Interest
Data from recent trading sessions reveal that Bajaj Finance’s call options have attracted substantial volumes, particularly at strike prices of ₹1,030, ₹1,040, and ₹1,050, all expiring on 30 December 2025. The number of contracts traded at these strikes were 12,637, 16,325, and 12,060 respectively, indicating a concentrated focus on near-the-money and slightly out-of-the-money options.
The turnover associated with these contracts is noteworthy, with ₹944.93 lakhs at the ₹1,030 strike, ₹893.79 lakhs at ₹1,040, and ₹388.03 lakhs at ₹1,050. Open interest figures further underscore the sustained interest, with 1,770 contracts open at ₹1,030, 2,861 at ₹1,040, and 4,187 at ₹1,050. This pattern suggests that market participants are positioning for potential upward movement in Bajaj Finance’s share price over the coming weeks.
Price Performance and Market Context
Bajaj Finance’s stock price has demonstrated resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. On 24 December 2025, the stock touched an intraday high of ₹1,037.4, representing a 2.57% rise for the day. Over the last two trading sessions, the stock has recorded a cumulative gain of 2.69%, outperforming its sector by 1.32% and the broader Sensex by 2.28% during the same period.
Investor participation has shown an uptick, with delivery volumes reaching 29.08 lakh shares on 23 December, a 1.52% increase compared to the five-day average. Liquidity remains robust, with the stock’s traded value supporting trade sizes up to ₹9.15 crore based on 2% of the five-day average traded value, facilitating smooth execution for institutional and retail investors alike.
Turnaround taking shape! This Small Cap from NBFC sector just hit profitability with strong business fundamentals showing up. Catch it before the major breakout happens!
- - Recently turned profitable
- - Strong business fundamentals
- - Pre-breakout opportunity
Implications of Strike Price Concentration
The clustering of call option activity around the ₹1,030 to ₹1,050 strike prices, close to the current underlying value, indicates a market expectation of moderate price appreciation in Bajaj Finance shares by the expiry date. The relatively higher open interest at the ₹1,050 strike, with over 4,000 contracts, suggests that traders are willing to pay premiums for the possibility of the stock surpassing this level within the next week.
Such positioning often reflects a bullish sentiment, as call options provide leveraged exposure to upward price movements while limiting downside risk to the premium paid. The active turnover in these strikes also points to dynamic trading strategies, including spreads and hedging, employed by market participants to capitalise on anticipated volatility or directional moves.
Sector and Market Capitalisation Context
Bajaj Finance operates within the NBFC sector, a segment that has been under close scrutiny due to evolving regulatory frameworks and macroeconomic factors. With a market capitalisation of approximately ₹6,40,231 crore, the company is classified as a large-cap entity, commanding significant investor attention. Its performance relative to the sector and broader market indices provides a benchmark for assessing investor confidence and risk appetite.
On the day in question, Bajaj Finance’s 1-day return of 2.46% outpaced the sector’s 0.99% and the Sensex’s 0.18%, underscoring its relative strength. This outperformance, coupled with the derivatives market activity, suggests that investors are factoring in positive developments or expectations specific to the company or its operating environment.
Curious about Bajaj Finance from Non Banking Financial Company (NBFC)? Get the complete picture with our detailed research report covering fundamentals, technicals, peer analysis, and everything you need to decide!
- - Detailed research coverage
- - Technical + fundamental view
- - Decision-ready insights
Outlook and Investor Considerations
As the 30 December expiry approaches, the concentration of call option activity near current market levels suggests that investors are positioning for a potential continuation of the recent upward trend in Bajaj Finance’s share price. The stock’s trading above multiple moving averages and the rising delivery volumes provide additional context for this sentiment.
However, investors should remain mindful of broader market conditions and sector-specific developments that could influence price movements. The NBFC sector is sensitive to interest rate changes, credit growth trends, and regulatory updates, all of which can impact investor sentiment and stock performance.
Options market data, while insightful, represents one facet of market dynamics. Combining this with fundamental analysis and technical indicators can provide a more comprehensive view for decision-making.
Summary
Bajaj Finance’s active call option trading ahead of the December expiry highlights a bullish tilt among market participants, with significant volumes and open interest concentrated at strike prices close to the current stock price. The stock’s recent price performance and liquidity profile support this positioning, reflecting investor interest in the NBFC sector’s leading player. As expiry nears, monitoring these derivatives trends alongside fundamental and technical factors will be crucial for investors seeking to navigate this dynamic market environment.
Only Rs. 14,999 - Get MojoOne + Stock of the Week for 1 Year PLUS 18 Months FREE! Claim Your Free Year →
