Reliance Industries Sees 2,396 Put Contracts Trade at Rs 1480 Strike Price

Reliance Industries Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment, with a focus on put options. The underlying stock, RELIANCE, is currently valued at Rs 1495.5, just 4.08% away from its 52-week high of Rs 1551. Today, a total of 2,396 put contracts were traded, generating a turnover of Rs 211.57 lakhs. The open interest for these puts stands at 2,726 contracts, indicating a significant level of activity and interest among traders. The strike price for these put options is set at Rs 1480, with an expiry date of November 25, 2025. 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. The stock's delivery volume reached 94 lakhs on November 6, reflecting an increase of 87.32% compared to the 5-day average delivery volume, which points to rising investor participation. Despite a slight one-day return of -0.17%, the stock remains liquid, with a trading capacity of Rs 33.57 crore based on 2% of the 5-day average traded value. Overall, Reliance Industries continues to demonstrate robust market activity and resilience in the oil sector.