Surge in Reliance Industries Ltd Put Options: 9,888 Contracts at Rs 1,400 Strike Active

Reliance Industries Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a major player in the oil industry with a market capitalization of Rs 18,95,763.57 crore, has seen significant trading activity in its put options with expiry set for June 26, 2025.
Notably, the put option with a strike price of Rs 1,420 recorded 7,896 contracts traded, generating a turnover of Rs 1,081.36 lakh and an open interest of 2,423 contracts. Meanwhile, the put option at a strike price of Rs 1,400 saw even higher activity, with 9,888 contracts traded and a turnover of Rs 973.97 lakh, alongside an open interest of 4,149 contracts. The underlying value of Reliance shares stands at Rs 1,417.90.

In terms of performance, Reliance Industries has underperformed its sector by 0.55% today, following a trend reversal after two consecutive days of gains. The stock is currently positioned above its 50-day, 100-day, and 200-day moving averages, yet below its 5-day and 20-day moving averages. The stock's one-day return is recorded at -1.41%, compared to a sector return of -1.02% and a Sensex return of -0.68%.

Overall, the trading activity in Reliance's put options reflects a notable shift in market dynamics, highlighting the stock's current liquidity and investor engagement.