Surge in Reliance Industries' Put Options: 10,308 Contracts at Rs 1360 Strike Price

Reliance Industries Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, RELIANCE, is currently valued at Rs 1375.7, with a notable expiry date for the options set for September 30, 2025. The put options have a strike price of Rs 1360, and today saw a significant trading volume with 10,308 contracts exchanged, resulting in a turnover of Rs 1,014.82 lakhs. Open interest stands at 5,724 contracts, indicating ongoing interest in these options.
In terms of price performance, Reliance Industries has shown a consistent upward trend, gaining 1.45% over the last two days. The stock has traded within a narrow range of Rs 8 today, reflecting stability. While the stock's performance is inline with the sector, it is currently above its 5-day and 200-day moving averages, yet below the 20-day, 50-day, and 100-day moving averages.

Investor participation appears to be declining, with delivery volume dropping by 53.85% compared to the 5-day average. However, the stock remains liquid enough for trades, with a size of Rs 28.35 crore based on 2% of the 5-day average traded value. Overall, Reliance Industries continues to be a focal point in the market, reflecting both activity and strategic interest in its options.