Surge in Reliance Industries Ltd's Active Put Options: 10,001 Contracts Shift at Rs 1400 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, is currently valued at Rs 1399.3, with a notable put option set to expire on September 30, 2025, at a strike price of Rs 1400.
Today, a substantial 10,001 contracts were traded, resulting in a turnover of approximately Rs 931.59 lakhs, while open interest stands at 10,418 contracts. This activity reflects a significant engagement in the options market, indicating a keen interest among traders.

In terms of performance, Reliance Industries has shown resilience, gaining 2.02% over the past five days, although it has traded within a narrow range of Rs 5.9 today. The stock's moving averages indicate it is performing higher than the 5-day, 20-day, and 200-day averages, yet remains below the 50-day and 100-day averages.

Despite a decline in delivery volume by 38.98% compared to the 5-day average, the stock maintains adequate liquidity, with a trade size of Rs 23.54 crore based on 2% of the 5-day average traded value. Overall, Reliance Industries continues to attract attention in the market, reflecting its significant position within the oil sector.