Reliance Industries Ltd Sees Surge in Call Options Activity with 7,223 Contracts at 1450 Strike

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks today, showcasing significant trading activity in its call options. The options set to expire on June 26, 2025, have drawn considerable interest, particularly at various strike prices. Notably, the call option with a strike price of 1450 saw the highest volume, with 7,223 contracts traded and a turnover of approximately Rs 840.03 lakhs.
Other active strike prices include 1420, 1430, and 1440, with contract volumes of 5,543, 5,603, and 7,731 respectively, contributing to a robust turnover across these options. The underlying value of Reliance remains steady at Rs 1,444.1, while open interest figures indicate ongoing engagement, particularly at the 1500 strike price, which has an open interest of 9,679 contracts.

In terms of stock performance, Reliance Industries has outperformed its sector by 0.32% today, marking a consecutive gain over the last two days with a total return of 2.65%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend. However, it is worth noting a decline in delivery volume, which has decreased by 12.46% compared to the 5-day average.

Overall, Reliance Industries continues to demonstrate significant market activity, underscoring its position within the large-cap oil sector.