Reliance Industries Sees 15,530 Calls at Rs 1480 Strike, Highlighting Active Options Market

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, is currently valued at Rs 1480.8. Notably, several call options with an expiry date of October 28, 2025, have seen significant trading activity.
The call option with a strike price of Rs 1460 recorded the highest number of contracts traded at 10,600, generating a turnover of Rs 575.58 lakhs. Following closely, the strike price of Rs 1470 saw 14,495 contracts traded, resulting in a turnover of Rs 479.06 lakhs. Other notable strike prices include Rs 1480 with 15,530 contracts traded and a turnover of Rs 316.04 lakhs, and Rs 1500 with 6,599 contracts and a turnover of Rs 45.20 lakhs.

In terms of performance, Reliance Industries has gained 1.98% today, outperforming the sector's 1.37% return and the Sensex's 0.56% return. The stock has been on an upward trend, gaining for the last two days with a total return of 1.8%. Despite a decline in delivery volume by 43.49% compared to the five-day average, the stock remains liquid enough for trades sized at Rs 45.76 crores.

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