Reliance Industries Sees 2,424 Put Contracts at Rs 1,380 Strike Amid Active 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 1381.1, with a notable focus on put options expiring on October 28, 2025. The strike price for these puts is set at Rs 1380, and a total of 2,424 contracts have been traded, resulting in a turnover of Rs 222.90 lakhs. Open interest stands at 6,491 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 0.45%, which is slightly below the sector's return of 0.52% and the Sensex's return of 0.12%. The stock has traded within a narrow range of Rs 9.6 today, and its moving averages indicate that it is performing 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 38.39% compared to the 5-day average. However, the stock remains liquid enough for trades, with a liquidity level based on 2% of the 5-day average traded value at Rs 25.41 crore. Overall, Reliance Industries continues to be a focal point in the market, reflecting ongoing trends in the oil industry.