Bajaj Finance options: call OI wall near 1,050

Why Bajaj Finance options are trending on social feeds

Traders on Reddit and other social channels circulated snapshots of the Bajaj Finance option chain for the 29 Sep 2026 expiry. The discussion focused on “call options prints” and the visible imbalance between call and put positioning. Multiple screenshots also carried a reminder that the displayed price was delayed and required login for real-time data. The shared tables highlighted Put-Call Ratio (PCR) readings around 0.52 to 0.55, which participants interpreted as call-heavy positioning. Some posts also pointed to “immediate OI resistance” near 1,050 and support near 1,000 for the same expiry. Alongside the option chain, posters shared futures quotes for the 29 Sep and 23 Nov contracts. The theme across these posts was not earnings, but positioning and strike-level open interest for the near-month series. Because the content was copied from brokerage and market-data pages, the numbers reflect those specific snapshots and refresh timestamps.

Spot and futures: what the shared snapshots show

One widely shared line put Bajaj Finance’s current price at ₹1,008.8, down by ₹12.5 or 1.22 percent. Another market card showed an opening price of ₹1,035.00, previous close of ₹1,040.30, day high of ₹1,037.70, and day low of ₹1,021.30. In the same stream, the September futures (BAJFINANCE 29 Sep Fut) were shown at ₹1,016, down ₹9.54 or 0.93 percent. The November futures (BAJFINANCE 23 Nov Fut) were shown at ₹1,025.1, down ₹11.51 or 1.11 percent. These values were posted alongside option chain tables to frame where spot and futures sat versus key strikes. Traders used this to compare spot near 1,009 with strike clusters at 1,000, 1,010, 1,050, and 1,100. The shared context did not include any company-specific news catalyst, only market positioning data. It also did not provide a single consolidated “official” price, so readers should treat it as a social-media snapshot of market screens.

PCR and sentiment: low readings dominated the chatter

A central point in the posts was the PCR reading, shown as 0.52 in one snapshot and 0.55 in another. One card labelled PCR 0.55 as “Bullish,” while another note called PCR 0.52 “bearish (call-heavy).” Regardless of labeling, both numbers point to call open interest being higher than put open interest in the displayed chain. Another section showed Total Open Interest of 38,592,750 with a call-put split shown as 2.54 Cr versus 1.32 Cr, and a PCR of 0.52. The same feed showed Total Volume of 34,112,250 with a call-put split shown as 2.29 Cr versus 1.12 Cr, and a PCR of 0.49. Traders typically read a lower PCR as heavier call positioning relative to puts for that expiry, and that is what the social discussion revolved around. The posts also included “CHG OI PCR: -0.8072,” but did not provide a full time series to interpret the change. Importantly, these PCR values were not presented as forecasts, only as positioning indicators for the given timestamp.

Strike-level open interest: where support and resistance were highlighted

Several posts simplified the chain into “walls” created by large open interest at specific strikes. One shared line said BAJFINANCE immediate OI resistance is at 1,050, while support is at 1,000, with PCR 0.52. Another detailed note said the heaviest Call OI sits at 1,100 with 36,36,750 OI, while the heaviest Put OI is at 1,000 with 16,83,750 OI. Based on that snapshot, commenters described an option-writers’ band of 1,000 to 1,100 against a spot around 1,008.8. A separate data card listed max pain for the series at 1,040. The same card also carried an “Expected Range: 990.03 ~ 1027.57,” which traders referenced as a near-term boundary for the series. These are not guarantees, but they shaped how social feeds framed the near-week expiry. The shared screens also noted India VIX at 11.00, down 0.25, suggesting relatively muted implied volatility conditions in that snapshot.

Key numbers from the circulated screens

The following table consolidates the most repeated metrics exactly as they appeared in the shared context, without reconciling differences between sources or timestamps.

ATM strike and what option prices were implying

The posts also highlighted the at-the-money (ATM) region around 1,010 for the 29 Sep 2026 expiry. One excerpt explicitly stated: the current option price is ₹13.95 for the Call option at strike ₹1,010 expiring 29 September 2026, as of 22 September 2026. The same excerpt listed the corresponding Put option at ₹9.10 at the same ATM strike. Traders often watch ATM prices to gauge how much premium the market is placing on near-term movement, though the posts did not compute implied moves from these prices. The shared chain also included deep strikes such as 900, 920, and 980 with their displayed volumes and OI. For instance, one “September Option Chain” table showed 980 Call LTP at ₹36.50 with Call OI at 77.25k lots, and 980 Put LTP at ₹1.90 with Put OI at 1,185.00k (as shown). These strike-level details were used in posts to argue that positioning looked skewed toward calls on the upside while puts were concentrated near 1,000. The chain extracts did not include a complete list of all strikes, so the discussion was based on partial visibility of the displayed table ranges.

Call option LTP moves: sharp percentage drops were shared

Another cluster of posts focused on near-week call options showing steep intraday percentage declines. The shared list included BAJFINANCE 29 Sep ₹1,030 Call at ₹5.35, down ₹5.45 or 50.46 percent. BAJFINANCE 29 Sep ₹1,050 Call was shown at ₹1.8, down ₹2.7 or 60 percent. BAJFINANCE 29 Sep ₹1,020 Call was shown at ₹8.85, down ₹7.1 or 44.51 percent. BAJFINANCE 29 Sep ₹1,040 Call was shown at ₹3.1, down ₹4 or 56.34 percent. These moves were posted as evidence of how quickly option premiums can change when spot drifts away from a strike cluster or when time decay accelerates near expiry. The social narrative often called these “call prints,” but the context provided did not include a trade-by-trade tape to confirm specific block trades. What it did show clearly was that several call contracts had large negative percentage changes in their last traded prices at that time.

Liquidity and contract basics that traders referenced

Beyond price and OI, several posts repeated contract specifications and headline liquidity metrics. Bajaj Finance options were described as trading in lots of 750 units with monthly expiries on NSE. The contracts were described as cash settled in INR at expiry. The option chain definition shared in the feed also explained that the table shows call (CE) and put (PE) prices across strikes with open interest, change in OI, and volume. One screen displayed Total Open Interest at 38,592,750 and Total Volume at 34,112,250 for the chain view that was being discussed. Another part of the feed listed Total Call OI at 33.10k lots and Total Put OI at 18.27k lots, alongside a PCR reading. The posts also carried a timestamp such as “Market data refreshed: 22 Sep, 2026, 04:10 PM IST,” reinforcing that these were point-in-time figures. For retail readers, the key takeaway from this section of the discussion was that the chain had enough activity to form visible OI clusters at round-number strikes.

How traders are framing the setup, and what to watch next

The dominant framing on social feeds was range and levels, not a directional earnings bet. With spot shown near ₹1,008.8, commenters focused on 1,000 as a put-heavy support zone and 1,050 to 1,100 as call-heavy resistance zones. The max pain print at 1,040 was circulated as a reference point for where option writers might prefer settlement, though it is not a rule. The expected range of 990.03 to 1027.57 was repeated as a short-term boundary for the expiry discussed in the posts. Several users also noted that call options can lose value quickly, which matched the large negative percentage changes shown in 1,020 to 1,050 calls. Since the shared screenshots mentioned delayed prices and the need for login for real-time data, the practical next step for traders was verifying live quotes before acting. Finally, the context did not contain any statement from the company or exchange about unusual activity, so the discussion remains a social-media interpretation of commonly available option-chain data.