Surge in Call Option Activity for Reliance Industries with 24,873 Contracts at 1540 Strike

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, RELIANCE, has seen significant trading activity in call options set to expire on July 31, 2025. Notably, the call option with a strike price of 1550 recorded the highest volume, with 24,394 contracts traded and a turnover of approximately Rs 2,560.68 lakhs. Following closely, the strike price of 1540 saw 24,873 contracts traded, generating a turnover of Rs 2,941.74 lakhs.
The stock's underlying value stands at Rs 1,513.5, while the open interest for these options indicates robust market engagement, with the 1550 strike price showing an open interest of 11,002 contracts. Despite this activity, Reliance Industries has faced a slight decline, with a 1.65% drop in its stock price today, underperforming the sector, which fell by 1.29%. The stock has been on a downward trend for the past two days, losing 1.14% during this period.

In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 43.63 lakhs, although this figure has decreased by 6.88% compared to the five-day average. Reliance Industries continues to maintain a strong market cap of Rs 20,46,515.27 crore, positioning itself as a large-cap entity in the oil sector. Overall, the trading activity reflects a dynamic engagement in the options market, highlighting the stock's current market position.