Reliance Industries Sees 2,222 Contracts in Rs 1500 Strike Price Puts Activity

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, RELIANCE, is currently valued at Rs 1493.2, which places it just 3.78% away from its 52-week high of Rs 1551. Today, a total of 2,222 put contracts were traded with a turnover of Rs 268.862 lakhs, indicating significant activity in this option type, which has a strike price of Rs 1500 and an expiry date set for November 25, 2025. The open interest for these puts stands at 9,369 contracts, reflecting ongoing interest among traders. In terms of performance, Reliance Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. However, there has been a noted decline in investor participation, with delivery volume dropping by 10.35% compared to the 5-day average. Despite this, the stock maintains adequate liquidity, with a trade size of Rs 32.42 crore based on 2% of the 5-day average traded value. In summary, Reliance Industries Ltd continues to show robust activity in the options market, with key metrics indicating a solid market position while also highlighting some shifts in investor engagement.