Reliance Industries Ltd Sees Surge in Call Options: 7,719 Contracts at Rs 1420 Strike

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company, with a market capitalization of approximately Rs 19.2 lakh crore, has seen notable movements in its call options, particularly those expiring on August 28, 2025.
Two key strike prices have attracted attention: the Rs 1500 strike price, with 4,193 contracts traded and a turnover of Rs 14.47 lakh, and the Rs 1420 strike price, which saw 7,719 contracts traded, generating a turnover of Rs 470.86 lakh. The open interest for these options stands at 14,723 and 9,505 contracts, respectively, indicating a robust interest in these strike levels.

In terms of performance, Reliance Industries has traded within a narrow range of Rs 8.4 today, with a stock return of -0.42%, slightly underperforming the sector and the Sensex, which returned -0.41% and -0.44%, respectively. The stock's current value is Rs 1,417.7, which is higher than its 5-day, 20-day, 100-day, and 200-day moving averages, but lower than its 50-day moving average. Additionally, the delivery volume has increased to 64.3 lakh shares, reflecting a 0.73% rise against the 5-day average, suggesting rising investor participation.

Overall, Reliance Industries continues to demonstrate active trading dynamics, with significant options activity and a stable market position within the oil sector.