Reliance Industries Sees 1,945 Put Contracts at Rs 1500 Strike, Open Interest at 7,263

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 1514.8, just 2.32% shy of its 52-week high of Rs 1551. The put options expiring on November 25, 2025, with a strike price of Rs 1500, have seen significant activity, with 1,945 contracts traded and a turnover of Rs 77.89 lakhs. Open interest stands at 7,263 contracts, indicating a robust interest in this option type. Despite the notable activity in the options market, the stock has faced a slight decline, with a 1-day return of -0.16%, aligning closely with the sector's performance, which saw a -0.23% return. The stock has been on a downward trend for the past two days, reflecting a -0.2% return during this period. Trading has remained within a narrow range of Rs 11.2, while Reliance Industries is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Investor participation has seen a decline, with delivery volume dropping by 39.23% compared to the 5-day average. However, the stock maintains adequate liquidity, with a trade size of Rs 25.97 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 activity in options trading and the current dynamics of its stock performance.