Bajaj Finserv Ltd Sees Surge with 14,352 Active Call Options at Rs 2,000 Strike

Bajaj Finserv Ltd, a prominent player in the holding company sector, has emerged as one of the most active stocks today, particularly in the options market. The stock, trading under the symbol BAJAJFINSV, has seen significant activity with 14,352 call contracts traded, resulting in a turnover of approximately Rs 1,212.03 lakhs. The options have an expiry date set for July 31, 2025, with a strike price of Rs 2,000. The current underlying value stands at Rs 1,962.60, indicating a close proximity to the strike price.
Despite this activity, Bajaj Finserv has underperformed its sector, showing a decline of 1.16% today, and has experienced a consecutive fall over the last two days, with a total drop of 4.72%. The stock reached an intraday low of Rs 1,932.90, reflecting a decrease of 4.89%. Additionally, the stock's performance metrics reveal that it is currently trading above its 200-day moving average but below its 5-day, 20-day, 50-day, and 100-day moving averages.

Investor participation appears to be waning, with delivery volume dropping by 29.53% compared to the 5-day average. The liquidity remains adequate for trades up to Rs 4 crore, based on 2% of the 5-day average traded value. Overall, Bajaj Finserv's current market dynamics highlight a period of notable activity amidst a challenging performance landscape.