Reliance Industries Ltd Sees Surge in Active Put Options with 2,966 Contracts Traded

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 1396.8, with a notable focus on put options set to expire on August 28, 2025. The strike price for these puts is Rs 1380, and today, 2,966 contracts were traded, resulting in a turnover of Rs 253.89 lakhs. The open interest stands at 3,689 contracts, indicating a significant level of activity and interest in this option.
In terms of performance, Reliance Industries has shown a consistent upward trend, gaining 1.78% over the past two days. Today's performance aligns closely with the sector, reflecting a 0.45% return for the stock compared to a 0.48% return for the sector overall. The stock is currently trading above its 5-day and 200-day moving averages, although it remains below the 20-day, 50-day, and 100-day moving averages.

Investor participation has also increased, with a delivery volume of 68.74 lakhs on August 11, marking a 13.52% rise against the 5-day average. The liquidity of the stock remains robust, accommodating trades up to Rs 26.21 crore based on 2% of the 5-day average traded value.

In summary, Reliance Industries Ltd is witnessing significant activity in its put options, reflecting broader trends in the oil industry and the stock's recent performance metrics.