Reliance Industries Sees 10,109 Call Contracts at Rs 1500 Strike, Strong Open Interest

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 activity with 10,109 call contracts traded, reflecting a turnover of approximately Rs 1,168.60 lakhs. The options set to expire on November 25, 2025, have a strike price of Rs 1,500, with an open interest of 14,008 contracts, indicating a robust interest among traders.
Currently, Reliance Industries is valued at Rs 1,487.90, just 4.27% shy of its 52-week high of Rs 1,551. Despite this, the stock has underperformed its sector by 0.54% today. However, it has shown signs of a trend reversal, gaining after two consecutive days of decline. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive short-term outlook.

Investor participation has seen a decline, with delivery volume dropping by 25.07% compared to the 5-day average, totaling 53.66 lakhs on October 31. Nevertheless, the stock remains liquid enough for a trade size of Rs 38.85 crore, based on 2% of the 5-day average traded value. Overall, Reliance Industries continues to be a focal point in the market, reflecting both its substantial market cap of Rs 20,16,338.00 crore and its ongoing activity in the options space.