Surge in Reliance Industries’ Active Put Options: 4,608 Contracts Traded at Rs 1440 Strike

Reliance Industries Ltd has emerged as one of the most active stocks today, particularly in the options market, with a significant focus on put options. The underlying stock, RELIANCE, is currently valued at Rs 1445.1, and the put options set to expire on June 26, 2025, have a strike price of Rs 1440. Today, 4,608 contracts were traded, resulting in a turnover of Rs 386.76 lakhs, while the open interest stands at 3,381 contracts.
In terms of price performance, Reliance Industries has shown a slight decline of 0.39% today, which contrasts with the sector's average decline of 0.19%. This drop follows a four-day streak of gains, indicating a potential trend reversal. The stock has been trading within a narrow range of Rs 11.5, and it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive long-term trend.

However, investor participation appears to be waning, with delivery volume decreasing by 2.86% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity for trades, with a liquid threshold based on 2% of the 5-day average traded value amounting to Rs 30.45 crores.

In summary, Reliance Industries Ltd is experiencing notable activity in its put options, reflecting current market dynamics and investor behavior without indicating future trends or recommendations.