Surge in Reliance Industries Ltd Put Options: 3,681 Contracts Traded at Rs 1500 Strike

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 1495.3, with a notable expiry date for the options set for July 31, 2025. The put options have a strike price of Rs 1500, and today, 3,681 contracts were traded, resulting in a turnover of Rs 441.35 lakhs. The open interest stands at 6,066 contracts, indicating a significant level of activity and interest in this option.
In terms of performance, Reliance Industries has been experiencing a consecutive decline over the past five days, with a total drop of 3.04% during this period. Today's performance aligns with the sector, which has seen a slight increase of 0.20%. The stock's price is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average.

Investor participation appears to be rising, with a delivery volume of 54.36 lakhs on July 11, reflecting an 11.48% increase compared to the five-day average. The stock maintains adequate liquidity, with a trade size of Rs 26.69 crore based on 2% of the five-day average traded value. Overall, the activity surrounding Reliance Industries' put options highlights a dynamic trading environment, reflecting current market conditions without indicating future trends.