Jio Financial Services Ltd Sees 9,840 Active Call Contracts at Rs 300 Strike Price

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, identified by the underlying symbol JIOFIN, has seen notable call option trades, particularly for contracts expiring on May 29, 2025, and June 26, 2025.
Today, the call option with a strike price of Rs 300 for the June 2025 expiry recorded the highest activity, with 9,840 contracts traded and a turnover of Rs 429.75 lakhs. Additionally, the May 2025 call option at the same strike price saw 5,324 contracts traded, contributing to a turnover of Rs 366.82 lakhs. The open interest for these options stands at 4,254 and 3,596, respectively, indicating robust market engagement.

In terms of performance, Jio Financial Services has outperformed its sector by 0.61%, with a consecutive gain over the last two days, yielding a total return of 4.31%. The stock reached an intraday high of Rs 299.25, reflecting a 2.69% increase. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing a strong upward trend. The delivery volume has also increased significantly, with 81.36 lakhs traded on May 27, marking a 39.49% rise compared to the 5-day average.

Overall, Jio Financial Services Ltd continues to demonstrate strong market activity and performance metrics, solidifying its position in the financial sector.