Surge in Active Call Options for Reliance Industries: 5,689 Contracts at Rs 1,400 Strike

Reliance Industries Ltd, a prominent player in the Oil Exploration and Refineries sector, has emerged as one of the most active stocks today. The company, with a market capitalization of approximately Rs 18.79 lakh crore, saw significant trading activity in its call options expiring on May 29, 2025. A total of 5,689 contracts were traded at a strike price of Rs 1,400, contributing to a turnover of Rs 762.49 lakh. The open interest for these options stands at 12,483 contracts, indicating a robust interest in this particular strike.
In terms of performance, Reliance's underlying value is currently at Rs 1,385.3. The stock's performance today aligns closely with sector trends, showing a 1.28% decline, slightly more than the sector's 1.15% drop and the Sensex's 0.63% decrease. Notably, the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average.

Investor participation appears to be waning, with delivery volume dropping by 21.25% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity for trades up to Rs 12.98 crore, reflecting its active market presence. Overall, Reliance Industries continues to be a focal point in today's trading landscape, marked by notable option activity and performance metrics.