Surge in Reliance Industries Call Options: 3,416 Contracts at Rs 1450 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 June 26, 2025, with a strike price of Rs 1450, saw significant activity with 3,416 contracts traded, resulting in a turnover of Rs 398.76 lakhs. The open interest for these options stands at 6,690 contracts, indicating robust market engagement.
Today, Reliance's underlying value is reported at Rs 1439.0, reflecting a slight decline of 0.24% in its stock price, which is in line with the sector's performance. The stock has experienced a trend reversal, falling after two consecutive days of gains. It has traded within a narrow range of Rs 6.7, showcasing stability amid fluctuations.

Moreover, Reliance Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong position in the market. The delivery volume of 76.85 lakhs on June 5 has increased by 4.42% compared to the 5-day average, highlighting rising investor participation. With a market capitalization of Rs 19,47,322.28 crore, Reliance remains a liquid stock, suitable for trades around Rs 32.93 crore based on 2% of the 5-day average traded value. Overall, the activity surrounding Reliance Industries today underscores its significant role in the oil sector.