Reliance Industries Calls Surge with 18,385 Contracts at Rs 1400 Strike Price

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks today, reflecting significant trading activity. The stock, which is classified as a large-cap entity with a market capitalization of Rs 18,73,706.00 crore, has seen notable movements in its options market.
Today, a total of 18,385 call contracts were traded for Reliance, with a turnover of Rs 839.28 lakh, indicating robust investor engagement. The options have an expiry date set for September 30, 2025, with a strike price of Rs 1,400. The underlying value of the stock is currently at Rs 1,394.0, and open interest stands at 13,290 contracts, suggesting a healthy level of market participation.

In terms of price performance, Reliance has shown a slight gain of 0.30% today, aligning closely with the sector's return of 0.28%. This marks a trend reversal for the stock, which had experienced three consecutive days of decline. The stock has traded within a narrow range of Rs 12.8, and its moving averages indicate a mixed performance, being higher than the 20-day and 200-day averages but lower than the 5-day, 50-day, and 100-day averages.

Overall, the trading activity in Reliance Industries reflects a dynamic market environment, with rising investor participation and liquidity, as evidenced by a delivery volume of 61.75 lakh shares on September 23, which is an 11.16% increase compared to the five-day average.