Surge in Reliance Industries Ltd Call Options: 4,786 Contracts at Rs 1540 Strike!

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, currently valued at Rs 1536.2, is just 4.85% shy of its 52-week high of Rs 1608.8. Today, two notable call options were actively traded with expiry set for July 31, 2025. The first option, with a strike price of Rs 1530, saw 3,007 contracts traded, generating a turnover of Rs 482.11 lakhs and an open interest of 3,399 contracts. The second option, priced at Rs 1540, recorded a higher volume with 4,786 contracts traded, resulting in a turnover of Rs 638.70 lakhs and an open interest of 4,148 contracts. In terms of performance, Reliance Industries has gained 1.09% over the last two days, aligning closely with sector performance. The stock has maintained a narrow trading range of Rs 10.8 today and is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, it has experienced a decline in delivery volume, which fell by 20.25% compared to the 5-day average. Overall, Reliance Industries continues to demonstrate robust trading activity and remains a key player in the oil sector, reflecting its strong market position and liquidity.