Reliance Industries Sees 1,682 Contracts in Rs 1,380 Strike Put Options Trading

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 1375.7, with a notable expiry date set for October 28, 2025. The put option has a strike price of Rs 1380.0, and today, 1,682 contracts were traded, resulting in a turnover of Rs 205.54 lakhs. The open interest stands at 7,002 contracts, indicating a significant level of activity and interest in this option.
In terms of price performance, Reliance Industries has shown a one-day return of 0.67%, slightly outperforming the sector's return of 0.61% and the Sensex's return of 0.15%. The stock has traded within a narrow range of Rs 10.2 today, and its moving averages indicate a mixed trend—higher than the 5-day and 200-day averages but lower than the 20-day, 50-day, and 100-day averages.

Investor participation appears to be declining, with delivery volume dropping by 36.8% compared to the 5-day average. However, the stock remains liquid enough for trading, with a trade size of Rs 33.63 crore based on 2% of the 5-day average traded value. Overall, the activity in Reliance Industries' put options reflects a dynamic trading environment, underscoring the stock's position in the oil industry.