Reliance Industries Sees 8,124 Active Put Options at Rs 1,480 Strike Price

Reliance Industries Ltd has emerged as one of the most active stocks today, particularly in the options market, with a significant focus on put options. The underlying stock, RELIANCE, has seen 8,124 contracts traded, reflecting a turnover of approximately Rs 803.46 lakhs. The put options have a strike price of Rs 1,480 and are set to expire on July 31, 2025. Open interest stands at 2,922 contracts, indicating a notable level of market engagement.
In terms of price performance, Reliance Industries has shown a slight decline of 0.13% today, aligning closely with the sector's performance, which fell by 0.25%. The stock has traded within a narrow range of Rs 6.5, following two consecutive days of gains, suggesting a potential trend reversal. Currently, the stock's price of Rs 1,486.2 is above its 50-day, 100-day, and 200-day moving averages, yet below its 5-day and 20-day moving averages.

Investor participation has increased, with a delivery volume of 72.16 lakhs on July 16, up by 14.03% compared to the five-day average. The liquidity remains robust, accommodating trades of Rs 29.87 crore based on 2% of the five-day average traded value. Overall, Reliance Industries continues to be a focal point in the market, reflecting active trading dynamics in the options segment.