Reliance Industries Sees 7,856 Contracts in Most Active 1,440 Strike Put Options

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s stock, trading at an underlying value of Rs 1448.2, has seen significant activity in various strike prices for puts expiring on October 28, 2025.
The put option with a strike price of Rs 1440 led the activity with 7,856 contracts traded, resulting in a turnover of Rs 309.92 lakhs and an open interest of 3,989 contracts. Following closely, the Rs 1420 strike price put saw 3,913 contracts traded, with a turnover of Rs 43.24 lakhs and an open interest of 3,064. Other notable strike prices included Rs 1450 and Rs 1430, with 2,836 and 3,508 contracts traded, respectively.

Today, Reliance Industries' performance aligns with the sector, showing a slight one-day return of -0.03%, while the sector itself reported a modest gain of 0.15%. The stock has gained after two consecutive days of decline and is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock's liquidity remains robust, with a delivery volume of 1.07 crore on October 23, reflecting a 28.23% increase compared to the 5-day average.

In summary, Reliance Industries Ltd's put options are witnessing heightened activity, indicating a notable interest in the stock's performance amidst a backdrop of fluctuating market conditions.