Bajaj Finance Sees Surge in Call Option Activity with 9,185 Contracts at Rs 1000 Strike

Bajaj Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The stock, which is currently valued at Rs 1021.45, is just 2.27% shy of its 52-week high of Rs 1036.
Today, notable call options for Bajaj Finance with an expiry date of October 28, 2025, have seen substantial trading volumes. The strike price of Rs 1000 recorded 9,185 contracts traded, generating a turnover of Rs 2,207.16 lakhs, while the Rs 1010 strike price had 3,933 contracts traded with a turnover of Rs 806.46 lakhs. The Rs 1020 strike price also attracted attention, with 7,519 contracts traded and a turnover of Rs 1,283.49 lakhs.

The stock has outperformed its sector by 1.63% today, marking a 3.01% return, and has shown consistent gains over the past two days, accumulating a total return of 2.56%. Additionally, Bajaj Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is worth noting that investor participation has decreased, with delivery volume falling by 20.18% compared to the 5-day average.

In summary, Bajaj Finance's robust trading activity and performance metrics highlight its current market position, reflecting both liquidity and investor engagement in the stock.