Surge in Call Option Activity for Reliance Industries: 6,627 Contracts at Rs 1460 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 call options for expiry on June 26, 2025, have seen significant trading activity. Notably, the call option with a strike price of Rs 1450 recorded 5,565 contracts traded, generating a turnover of Rs 324.16 lakhs, while the Rs 1460 strike price option saw 6,627 contracts traded with a turnover of Rs 301.53 lakhs. The open interest for these options stands at 9,354 and 9,565 contracts, respectively, indicating robust market engagement.
Despite this activity, Reliance Industries has underperformed its sector by 0.28% today, with the stock experiencing a consecutive decline over the past two days, resulting in a total drop of 2.08%. The stock has traded within a narrow range of Rs 13.4, and its current underlying value is Rs 1,417.7. While the stock is above its 50-day, 100-day, and 200-day moving averages, it remains below the 5-day and 20-day averages. Additionally, the delivery volume has decreased significantly, falling by 37.89% compared to the 5-day average.

In summary, Reliance Industries Ltd continues to attract attention in the options market, reflecting active trading dynamics despite recent price challenges.