Surge in Active Call Options: Reliance Industries Sees 8,589 Contracts at Rs 1,520 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. The company’s underlying stock, RELIANCE, has seen a notable surge in call options, with 8,589 contracts traded for the July 31, 2025 expiry date at a strike price of Rs 1,520. This activity has generated a turnover of approximately Rs 1,453.68 lakhs, while the open interest stands at 3,617 contracts, indicating a robust interest in these options.
In terms of performance, Reliance Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. The stock's underlying value is currently at Rs 1,526.30. However, it is noteworthy that the delivery volume has decreased significantly, with a reported 32.55 lakhs on July 2, reflecting a decline of 50.36% compared to the 5-day average.

Despite a 1-day return of 0.47%, which is slightly below the sector's return of 0.60% and the Sensex's return of 0.28%, Reliance Industries maintains a market capitalization of Rs 20,65,054.76 crore, solidifying its position as a large-cap entity. Overall, the trading dynamics today highlight the active engagement in Reliance Industries, underscoring its significance in the market landscape.