Jio Financial Services Sees Surge with 3,309 Active Call Contracts at Rs 340 Strike

Jio Financial Services Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active stocks today. The company’s underlying asset, JIOFIN, has seen significant trading activity, with 3,309 contracts traded, resulting in a turnover of approximately Rs 646.20 lakhs. The options are set to expire on August 28, 2025, with a strike price of Rs 340, and an open interest of 3,201 contracts indicates robust market engagement.
In terms of performance, Jio Financial Services has outperformed its sector by 0.83%, marking a notable achievement as the stock has gained for four consecutive days, accumulating a total return of 5.07% during this period. The stock has maintained a narrow trading range of Rs 3.2, reflecting stability amid market fluctuations. Currently, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend.

Despite a recent decline in delivery volume, which fell by 21.85% compared to the 5-day average, the stock remains liquid, accommodating trade sizes of Rs 20.52 crore based on 2% of the 5-day average traded value. Overall, Jio Financial Services continues to demonstrate resilience and activity in the market, underscoring its position within the large-cap segment with a market capitalization of Rs 2,14,232.74 crore.