Reliance Industries Ltd Sees 4,945 Active Put Options at Rs 1,380 Strike Price

Reliance Industries Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment, with a focus on put options. The underlying stock, RELIANCE, has seen significant activity, with 4,945 contracts traded at a strike price of Rs 1,380, resulting in a turnover of approximately Rs 629.50 lakhs. The open interest stands at 3,528 contracts, indicating a robust interest in this option type.
As of today, the underlying value of Reliance Industries is Rs 1,380.30. The stock's performance aligns closely with the sector, reflecting a 1D return of -0.92%, slightly underperforming the sector's return of -0.91% and the Sensex's return of -0.54%.

In terms of moving averages, the stock is currently above its 200-day moving average but below its 5-day, 20-day, 50-day, and 100-day moving averages, suggesting mixed short-term trends. Additionally, there has been a noted decline in investor participation, with delivery volume dropping by 10.96% compared to the 5-day average. However, the stock remains liquid enough for trading, with a capacity for a trade size of Rs 34.05 crore based on 2% of the 5-day average traded value.

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