Jio Financial Services Sees Surge in Active Put Options with 3,491 Contracts Traded

Jio Financial Services Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active stocks in the market today, particularly in the options segment. The stock, trading under the ticker JIOFIN, has seen significant activity in its put options, with 3,491 contracts traded, resulting in a turnover of approximately Rs 482.95 lakhs. The put options have a strike price of Rs 310 and are set to expire on July 31, 2025, with an open interest of 1,540 contracts.
In terms of performance, Jio Financial Services has outperformed its sector by 3.49% today, marking a notable trend as the stock has gained for four consecutive days, accumulating a total return of 10.13% during this period. The stock reached an intraday high of Rs 327.7, reflecting a 4.86% increase. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also risen, with a delivery volume of 1.37 crore shares on June 26, up 93.75% compared to the 5-day average. The stock's liquidity remains robust, with a trade size of Rs 13.82 crore based on 2% of the 5-day average traded value. Overall, Jio Financial Services continues to demonstrate strong market activity and performance metrics, reflecting its solid position within the large-cap segment, with a market capitalization of Rs 2,06,386.44 crore.