Reliance Industries Ltd Sees Surge in Call Options: 6,991 Contracts at Rs 1,420 Strike

Reliance Industries Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, a major player in the oil industry, saw significant activity in call options with an expiry date set for August 28, 2025. The strike price for these options is Rs 1,420, with a total of 6,991 contracts traded, resulting in a turnover of Rs 323.33 lakhs. The open interest stands at 11,691 contracts, indicating a robust interest in this option.
In terms of price performance, Reliance Industries is currently valued at Rs 1,414.8, reflecting a 1D return of 0.40%, which is in line with the sector's performance of 0.20% and the Sensex's return of 0.39%. The stock has traded within a narrow range of Rs 7.3 today, and its moving averages indicate that it is performing higher than the 5-day, 20-day, 100-day, and 200-day averages, although it remains below the 50-day moving average.

Despite a notable decline in delivery volume, which fell by 48.72% against the 5-day average, the stock maintains sufficient liquidity for trading, with a trade size of Rs 31.32 crore based on 2% of the 5-day average traded value. Overall, Reliance Industries continues to demonstrate significant activity and interest in the market.