Reliance Industries Ltd Sees Surge with 4,264 Active Call Options at 1380 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 underlying stock, RELIANCE, has seen significant trading activity in call options set to expire on September 30, 2025. Notably, the strike price of 1380 has garnered the highest interest, with 4,264 contracts traded and a turnover of approximately Rs 437.70 lakhs.
Other strike prices also attracted considerable trading volume, including 4,129 contracts at a strike price of 1450, resulting in a turnover of Rs 97.44 lakhs, and 3,992 contracts at a strike price of 1500, with a turnover of Rs 39.52 lakhs. The open interest for these options indicates a robust market position, with the 1500 strike price showing 15,336 contracts.

Despite this activity, Reliance Industries has underperformed its sector by 0.37% today, with a 1-day return of -0.39%. The stock has been on a downward trend, losing 2.55% over the last two days. It currently trades below its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. The stock's liquidity remains strong, with a delivery volume of 94.96 lakhs, reflecting a 58.1% increase against the 5-day average.

In summary, Reliance Industries Ltd continues to be a focal point in the market, showcasing significant options trading activity amid a challenging performance landscape.