Reliance Industries Ltd Sees Surge in Put Options with 11,593 Contracts Traded at Rs 1,400 Strike

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 the put options segment. The company’s underlying stock, RELIANCE, has seen significant activity with 11,593 put contracts traded, resulting in a turnover of approximately Rs 561.68 lakhs. The options have a strike price of Rs 1,400 and are set to expire on September 30, 2025, with an open interest of 6,063 contracts.
In terms of performance, Reliance Industries has underperformed its sector by 0.4%, reflecting a consecutive decline over the past two days, with a total return of -1.7% during this period. The stock's current value stands at Rs 1,400.4, which is higher than its 20-day and 200-day moving averages but lower than the 5-day, 50-day, and 100-day moving averages.

Investor participation has seen a notable increase, with a delivery volume of 93.74 lakhs on September 19, marking a rise of 115.77% compared to the 5-day average. The stock remains liquid, accommodating trade sizes of Rs 26.55 crores based on 2% of the 5-day average traded value.

In summary, Reliance Industries Ltd is experiencing heightened activity in its put options, reflecting current market dynamics and investor behavior without indicating future trends.