Surge in Active Call Options for Reliance Industries: Over 10,600 Contracts at Rs 1420 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 with two notable call options set to expire on August 28, 2025.
The call option with a strike price of Rs 1400 recorded 6,045 contracts traded, generating a turnover of Rs 754.42 lakhs and an open interest of 13,072 contracts. Meanwhile, the option with a strike price of Rs 1420 was even more active, with 10,645 contracts traded and a turnover of Rs 768.04 lakhs, alongside an open interest of 11,929 contracts. The underlying value of RELIANCE stands at Rs 1419.7.

In terms of performance, the stock has been gaining slightly, with a 1-day return of -0.18%, which is in line with the sector's performance. The stock has traded within a narrow range of Rs 6.3 today and is currently above its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average. Notably, delivery volume has increased by 31.98% compared to the 5-day average, indicating rising investor participation.

Overall, Reliance Industries continues to demonstrate robust activity in the market, reflecting its significant position within the oil sector.