Bajaj Finserv Ltd Sees Surge in Put Options Activity with 4,233 Contracts at Rs 1900 Strike

Bajaj Finserv Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a prominent player in the holding company sector with a market capitalization of Rs 3,13,490.95 crore, has seen significant trading activity in its put options with expiry set for June 26, 2025.
Notably, the put option with a strike price of Rs 1900 recorded 4,233 contracts traded, generating a turnover of Rs 620.046 lakh and an open interest of 1,978 contracts. Meanwhile, the put option with a strike price of Rs 1940 saw 2,479 contracts traded, contributing to a turnover of Rs 594.9 lakh and an open interest of 852 contracts. The underlying value for both options stands at Rs 1934.0.

In terms of stock performance, Bajaj Finserv underperformed its sector by 0.55% today, although it has shown signs of recovery after three consecutive days of decline. The stock reached an intraday high of Rs 1989.6, reflecting a 2.35% increase. Despite trading above the 100-day and 200-day moving averages, it remains below the shorter-term moving averages. The stock's liquidity appears robust, with a delivery volume of 8.64 lakh shares, up 6.49% from the five-day average.

In summary, Bajaj Finserv's active put options trading reflects notable market engagement, while the stock's recent performance indicates a potential trend reversal amidst fluctuating investor participation.