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Bajaj Auto Limited

NSE: BAJAJ-AUTO · Automobile and Auto Components · Lot size: 1

Bajaj Auto Limited Option Chain Analysis

2026-04-282026-05-26
Total CE OI
11.6 L
Total PE OI
9.8 L
PCR
0.84
Neutral
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
%4,60023.7%
%4,80022.3%
%5,00021.0%
%5,20019.7%
%5,40018.5%
%5,60017.3%
%5,80016.2%
%6,00015.1%
%6,10014.6%
%6,20014.1%
%6,30013.5%
%6,40013.0%
%6,50012.5%
%6,60012.0%
%6,70011.6%
%6,80011.1%
%6,90010.6%
%7,00010.1%
%7,1009.7%
%7,2009.2%
%7,3008.8%
%2218.057,4000.15%2K029K
%7,5007.9%
1K-75300%2011.857,6000.25%0900
%7,7007.1%
%1844.457,8000.0562.2%30006K
%2027.007,9000.4570.3%150-75750
2K0%1854.008,0000.2061.4%29K-7501.1 L
75+75%1782.658,10013.90%
3750%806.608,2001.4565.7%5K+75015K
%1647.708,3002.6065.9%900-7508K
375075112.5%1240.008,4002.5060.8%11K060K
11K0127.1%1184.258,5002.2555.2%6K-2K46K
7K07570.6%1000.008,6002.6551.7%15K-2K26K
19K-30060067.4%903.458,7003.5549.0%29K-52519K
21K-60097548.3%790.608,8003.5544.0%60K-2K25K
15K-52575088.2%771.008,9004.4540.6%37K-13K40K
63K-3K11K43.2%596.509,0005.4036.7%86K+1K1.0 L
38K+9001K%478.009,1006.4032.5%57K-2K59K
15K-9754K31.1%396.659,2007.8528.2%1.2 L+10K44K
13K-2K11K22.2%292.659,30011.4024.6%1.3 L-4K63K
25K-9K41K25.6%214.859,40021.5022.4%1.8 L+4K43K
56K-4K1.2 L27.1%149.109,50040.1020.1%4.6 L-33K67K
92K+4K6.9 L22.8%78.159,60082.3519.9%4.2 L-19K29K
57K+19K8.2 L22.6%39.909,700139.6517.9%66K-1K41K
1.2 L-15K5.3 L23.2%19.359,800229.3521.2%23K-3K46K
1.2 L+4K3.6 L23.7%8.509,900ATM314.8513.8%15K-2K58K
1.4 L+21K3.8 L25.2%4.3010,000400.00%7K-3K22K
1.2 L+24K1.9 L26.7%2.2010,100513.05%52507K
45K+9001.6 L30.0%1.8010,200625.2041.5%0825
27K-10K68K32.8%1.4010,300706.30%675+300525
26K-2K16K35.0%1.0010,4001485.15263.9%0225
52K-3K15K36.4%0.6010,500931.5561.8%05K
13K-1K4K36.3%0.2510,6001149.00122.3%
12K+753K40.0%0.3010,700928.30%
13K-2252K40.5%0.1510,8001305.10117.7%
1K-6002K44.4%0.2010,9001083.15%
24K-2K6K47.2%0.2011,0001360.00%225-1502K
4.7%11,100%
5K+8253K55.5%0.3511,2001638.05100.5%
5.3%11,300%
5K-7560055.1%0.1011,4001812.75%
5.9%11,500%
%61.5511,6002015.0080.5%0225
6.4%11,700%
6.7%11,800%
7.0%11,900%
7.3%12,000%
7.5%12,100%
7.8%12,200%
8.0%12,300%
8.3%12,400%
8.6%12,500%
8.8%12,600%
9.3%12,800%
9.8%13,000%
10.3%13,200%
10.8%13,400%
11.3%13,600%
11.8%13,800%
12.2%14,000%

Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.

AI AnalysisGenerated daily after market close · AI-powered

Key Strike Levels

The 10000 strike acts as a major resistance, hosting the highest Call OI, while the same strike also serves as a magnet for Put writers despite showing the peak Put OI—indicating a two-way battle. Immediate support rests at 9400, backed by rising Put OI, with deeper support seen at 9200 and 9000. The implied range clusters between 9400 and 10000, with 9700 emerging as a pivot zone.

OI Buildup Activity

Fresh longs dominate the calls, with 10100 and 10000 seeing substantial OI addition, signaling aggressive call writing near-term. On the put side, 9200 attracts fresh longs, suggesting traders anticipate downside traction, while 9400 and 9000 see defensive positioning. Market makers appear to be building short call positions above 10000, while Put writers remain anchored at 10000 despite risk.

Volatility Read

ATM IV holds at 22.76%, reflecting neutral near-term volatility expectations. The flat skew reinforces balanced risk pricing between calls and puts, with no pronounced fear or greed tilt.

Strategy Implication

Bias leans slightly to countertrend short premium at key strikes, with writers favoring 10000 calls and 9200 puts amid range-bound positioning.

Frequently Asked Questions

What is the highest call OI strike for Bajaj Auto Limited today?
The strike with highest call (CE) open interest for Bajaj Auto Limited is ₹10,000 for the 2026-04-28 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Bajaj Auto Limited today?
The strike with highest put (PE) open interest for Bajaj Auto Limited is ₹8,000 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Bajaj Auto Limited options mean?
Open Interest (OI) buildup in Bajaj Auto Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Bajaj Auto Limited options expire?
Bajaj Auto Limited options have their nearest expiry on 2026-04-28. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Bajaj Auto Limited option chain?
The Bajaj Auto Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.