Reliance Industries Sees 3,800 Put Contracts Traded at Rs 1,520 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 underlying stock, RELIANCE, is currently valued at Rs 1518.9, just 2.11% away from its 52-week high of Rs 1551. The put options expiring on November 25, 2025, have seen significant activity, with 3,800 contracts traded and a turnover of Rs 260.3 lakhs. Open interest stands at 4,369 contracts, indicating a robust interest in these options. Despite this activity, Reliance Industries underperformed its sector by 0.32% today, with a one-day return of -0.03%. However, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong trend in the longer term. Investor participation has also increased, with a delivery volume of 56.24 lakhs on November 14, up by 5.42% compared to the 5-day average. With a market capitalization of Rs 20,54,770.08 crore, Reliance Industries remains a significant player in the oil industry. The liquidity of the stock is favorable, with a trade size of Rs 26.74 crore based on 2% of the 5-day average traded value. Overall, the activity in the put options reflects ongoing interest in the stock, amidst a mixed performance in the broader market.