Reliance Industries Ltd Sees Surge in Active Call Options with 13,392 Contracts at Rs 1420 Strike

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, RELIANCE, is currently valued at Rs 1368.6. Notably, several call options with an expiry date of September 30, 2025, have seen significant trading activity.
The most actively traded option was the call with a strike price of Rs 1390, which recorded 12,983 contracts traded and a turnover of Rs 1,641.70 lakhs. Following closely were the Rs 1420 strike price calls with 13,392 contracts traded and a turnover of Rs 920.7 lakhs. Other notable strike prices included Rs 1500, Rs 1450, and Rs 1410, with respective contracts traded of 8,737, 9,598, and 9,359.

Despite the robust trading volume, the stock's performance today has been slightly negative, with a 1D return of -0.15%, while the sector showed a modest gain of 0.19%. The stock remains liquid, with a trading capacity sufficient for a trade size of Rs 38.84 crore, although delivery volumes have decreased by 35.38% compared to the five-day average.

In summary, Reliance Industries Ltd continues to attract attention in the market, driven by substantial options activity, while its stock performance remains in line with broader sector trends.