Bajaj Finance Ltd Sees Surge in Put Options Activity with 21,945 Contracts 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, which has an underlying value of Rs 916.0, has seen significant trading activity in various strike prices ahead of the expiry date on July 31, 2025.
Among the notable trades, the put option with a strike price of Rs 900 led the activity with 21,945 contracts traded, resulting in a turnover of Rs 1,431.91 lakhs. Other active strike prices included Rs 910 with 10,447 contracts and Rs 920 with 7,548 contracts, reflecting a robust interest in hedging against potential declines.

Despite this activity, Bajaj Finance's stock performance today has underperformed the sector by 2.29%, with a one-day return of -4.43%. The stock opened with a gap down of 5.48% and reached an intraday low of Rs 898, marking a 6.36% decline. The stock has been on a downward trend, losing 5.45% over the last two days.

The liquidity remains adequate, with a delivery volume of 27.82 lakhs, although this represents a 22.74% decrease compared to the five-day average. Moving averages indicate that while the stock is above the 100-day and 200-day averages, it is below the shorter-term averages. Overall, the trading activity in Bajaj Finance's put options highlights a notable interest in protective strategies amid recent price declines.