Reliance Industries Sees 3,359 Contracts in Rs 1,480 Puts Amid Decreased Participation

Reliance Industries Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment, with a focus on put options. The underlying stock, RELIANCE, has seen significant activity with 3,359 contracts traded, reflecting a turnover of approximately Rs 329.69 lakhs. The put options have a strike price of Rs 1,480 and are set to expire on November 25, 2025, with an open interest of 2,916 contracts.
In terms of price performance, Reliance Industries is currently trading at Rs 1,494.5, just 4.02% away from its 52-week high of Rs 1,551. Despite this proximity to its peak, the stock has underperformed its sector by 0.34% today. After experiencing two consecutive days of decline, the stock has shown signs of a trend reversal, gaining 0.55% in one-day returns.

The stock has traded within a narrow range of Rs 12.4 today and is positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. However, investor participation has seen a decline, with delivery volume dropping by 25.07% compared to the 5-day average. Despite this, the stock remains liquid, with a trade size of Rs 38.85 crore based on 2% of the 5-day average traded value.

In summary, Reliance Industries Ltd is currently experiencing notable activity in its put options, reflecting a complex interplay of market dynamics and investor behavior.