Surge in Call Option Activity for Reliance Industries with 27,568 Contracts at Rs 1450 Strike

Reliance Industries Ltd, a prominent player in the Oil Exploration and Refineries sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, currently valued at Rs 1454.0, has seen notable movements in its options market, particularly for contracts expiring on May 29, 2025.
Among the most actively traded options, the call option with a strike price of Rs 1450 recorded 27,568 contracts traded, generating a turnover of Rs 2250.018 lakhs and an open interest of 14,890. Similarly, the Rs 1440 strike price call option saw 23,117 contracts traded, with a turnover of Rs 2308.599 lakhs and an open interest of 11,358. The Rs 1500 strike price option also attracted attention, with 20,985 contracts traded and a turnover of Rs 529.7384 lakhs, alongside an open interest of 8,717.

In terms of performance, Reliance Industries has outperformed its sector by 0.56%, with a 2.99% gain over the last two days. The stock reached an intraday high of Rs 1461.4, reflecting a 2.6% increase. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is noteworthy that delivery volume has decreased significantly, falling by 60.82% compared to the 5-day average.

In summary, Reliance Industries Ltd is experiencing heightened activity in its options market, with substantial trading volumes and a solid performance relative to its sector, while also facing a decline in investor participation.