Surge in Reliance Industries Ltd's Put Options: 3,120 Contracts at Rs 1,500 Strike Price

Reliance Industries Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a major player in the oil industry with a market capitalization of Rs 20,54,364.10 crore, has seen significant trading activity in its put options with expiry set for July 31, 2025.
Notably, the put option with a strike price of Rs 1,520 recorded 1,248 contracts traded, generating a turnover of Rs 207.79 lakh and an open interest of 1,997 contracts. Meanwhile, the put option at a strike price of Rs 1,500 saw even higher activity, with 3,120 contracts traded and a turnover of Rs 384.35 lakh, alongside an open interest of 4,951 contracts. The underlying value for both options stands at Rs 1,520.2.

In terms of performance, Reliance Industries has outperformed its sector by 0.26% today, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 25.29% compared to the 5-day average. The stock's liquidity remains robust, accommodating trades up to Rs 37.41 crore based on 2% of the 5-day average traded value.

In summary, Reliance Industries Ltd's put options are witnessing heightened activity, reflecting a dynamic trading environment, while the stock continues to show strong performance metrics amidst fluctuating investor participation.