Reliance Industries Ltd Sees Surge with 4,828 Active Call Contracts at Rs 1,400 Strike

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, saw significant activity with 4,828 call contracts traded, reflecting a turnover of approximately Rs 291.55 lakhs. The options set to expire on August 28, 2025, have a strike price of Rs 1,400, with an open interest of 23,213 contracts, indicating a robust interest among traders.
In terms of performance, Reliance Industries has shown a slight decline of 0.21% today, which is in line with the sector's performance, as the oil industry overall has seen a marginal increase of 0.06%. Notably, the stock has experienced a trend reversal, gaining after two consecutive days of decline. The underlying value of the stock stands at Rs 1,367.30, which is higher than the 200-day moving average but lower than the 5-day, 20-day, 50-day, and 100-day moving averages.

Despite a decrease in delivery volume, which fell by 5.31% against the 5-day average, the stock remains liquid enough for a trade size of Rs 23.93 crores, based on 2% of the 5-day average traded value. Overall, Reliance Industries continues to be a focal point in the market, reflecting both its significant market cap of Rs 18,51,174 crores and its active trading dynamics.