Surge in Active Call Options for Reliance Industries: 33,378 Contracts at Rs 1400 Strike

Reliance Industries Ltd, a prominent player in the Oil Exploration and Refineries sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The options set to expire on May 29, 2025, have seen notable interest, particularly at various strike prices. The highest volume was recorded for the strike price of Rs 1400, with 33,378 contracts traded and a turnover of Rs 6094.82 lakhs, alongside an open interest of 13,994 contracts.
Other active strike prices include Rs 1420, with 19,833 contracts traded and a turnover of Rs 2651.67 lakhs, and Rs 1440, where 17,833 contracts changed hands, generating a turnover of Rs 1695.92 lakhs. The underlying value of Reliance Industries is currently at Rs 1395.

In terms of performance, the stock has been gaining traction, with a 9.3% increase over the last four days. It has traded within a narrow range of Rs 12.7 today and is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's liquidity remains robust, with a delivery volume of 2.11 crore shares, reflecting a 55.74% increase compared to the 5-day average.

Overall, Reliance Industries continues to demonstrate strong market activity, underscoring its significant role in the financial landscape.