Surge in Reliance Industries Ltd Put Options: 2,104 Contracts at Rs 1320 Strike Price

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, RELIANCE, is currently valued at Rs 1379.6. Notably, the put options set to expire on September 30, 2025, have seen significant trading activity across various strike prices.
The put option with a strike price of Rs 1320 led the activity with 2,104 contracts traded, generating a turnover of Rs 83.0028 lakhs and an open interest of 2,156 contracts. Following closely, the Rs 1330 strike price option recorded 1,805 contracts traded and a turnover of Rs 87.9035 lakhs, with an open interest of 1,366. Other notable strike prices include Rs 1390, Rs 1310, and Rs 1280, with respective contracts traded of 1,296, 1,505, and 1,540.

In terms of performance, Reliance Industries has outperformed its sector by 0.53% today, marking a trend reversal after two consecutive days of decline. The stock's one-day return stands at 1.68%, compared to a sector return of 1.60% and a Sensex return of 0.24%. Despite a slight decrease in investor participation, the stock remains liquid enough for trades sized at Rs 36.07 crore, with delivery volume showing a decline of 3.65% against the five-day average.

In summary, Reliance Industries Ltd continues to attract attention in the options market, reflecting active trading dynamics and a notable performance amidst fluctuating investor participation.