Surge in Reliance Industries Ltd Put Options: 8,196 Contracts at 1400 Strike Price Traded

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 put options, set to expire on June 26, 2025, have seen significant trading activity, with the 1400 strike price recording 8,196 contracts traded and a turnover of approximately Rs 841.73 lakhs. The 1410 strike price followed closely with 6,068 contracts and a turnover of Rs 734.45 lakhs, while the 1420 strike price led with 7,906 contracts and a turnover of Rs 1,115.56 lakhs.
The underlying value of Reliance shares stands at Rs 1,409.00, reflecting a slight one-day return of 0.14%. The stock has shown resilience, gaining after two consecutive days of decline, and has traded within a narrow range of Rs 8.7 today. Notably, the stock's performance aligns with sector trends, and it remains liquid enough for trades of Rs 31.47 crore, supported by a delivery volume of 75.85 lakhs, which has increased by 10.53% compared to the five-day average.

In summary, Reliance Industries Ltd is witnessing heightened activity in its put options, indicating a notable interest in the stock amidst its recent performance trends.