Reliance Industries Ltd Sees Surge in Call Options: 28,141 Contracts at Rs 1500 Strike

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, RELIANCE, has seen significant trading activity in call options set to expire on June 26, 2025.
Among the notable transactions, the call option with a strike price of Rs 1450 recorded the highest number of contracts traded at 24,851, generating a turnover of Rs 3,670.66 lakhs and an open interest of 7,718. Following closely, the strike price of Rs 1500 saw 28,141 contracts traded, with a turnover of Rs 1,330.18 lakhs and an open interest of 11,776. Other strike prices, including Rs 1440, Rs 1470, and Rs 1480, also demonstrated robust trading volumes, contributing to a total turnover across all options exceeding Rs 10,000 lakhs.

In terms of performance metrics, Reliance Industries underperformed its sector by 0.3%, with the stock reaching an intraday high of Rs 1,468.6, reflecting a 2.09% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the short to medium term. However, it is noteworthy that delivery volume has decreased by 21.31% compared to the 5-day average, suggesting a decline in investor participation.

Overall, Reliance Industries continues to be a focal point in the market, with substantial activity in its options trading reflecting ongoing interest in the stock.