Jio Financial Services Ltd Sees Surge in Active Call Options with 4,749 Contracts at Rs 330

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, reflecting significant trading activity in its options market. The stock, trading under the symbol JIOFIN, has shown a notable performance, outperforming its sector by 1.42%.
Today, two call options with expiry dates set for July 31, 2025, have garnered attention. The first option, with a strike price of Rs 350, saw 2,735 contracts traded, resulting in a turnover of approximately Rs 309.12 lakhs and an open interest of 2,600 contracts. The second option, with a strike price of Rs 330, recorded 4,749 contracts traded, leading to a turnover of around Rs 1,390.68 lakhs and an open interest of 2,713 contracts. The underlying value of JIOFIN stands at Rs 330.85.

The stock has been on an upward trajectory, gaining 12.08% over the last five days, with a day's high of Rs 330, reflecting a 2.03% increase. Jio Financial Services is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. Additionally, the stock's liquidity remains robust, with a delivery volume of 1.75 crore on June 27, marking a 99.31% increase compared to the 5-day average.

In summary, Jio Financial Services Ltd is experiencing heightened activity and positive performance metrics, underscoring its strong position in the market.