Reliance Industries Sees 30,591 Call Contracts Trade at Rs 1400 Strike Price

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 call options, set to expire on October 28, 2025, with a strike price of Rs 1,400, have seen significant trading activity, with 30,591 contracts exchanged, resulting in a turnover of approximately Rs 3,299.24 lakhs. The open interest stands at 17,286 contracts, indicating a robust interest in these options.
Today, Reliance's underlying value is reported at Rs 1,384.50, reflecting a performance that is in line with the sector. However, the stock has experienced a trend reversal, declining after two consecutive days of gains. It has traded within a narrow range of Rs 8.9, showcasing some volatility.

In terms of moving averages, Reliance is currently above its 5-day, 20-day, and 200-day averages, yet below its 50-day and 100-day averages. Notably, investor participation has decreased, with a delivery volume of 48.2 lakhs on October 7, down by 41.08% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 37.28 crore, reflecting its large-cap status with a market capitalization of Rs 18,76,276.81 crore.

In summary, Reliance Industries continues to be a focal point in the market, with notable activity in its options trading, while also navigating recent fluctuations in performance metrics.