Surge in Reliance Industries Call Options: 8,923 Contracts Traded at Rs 1400 Strike

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 call options, set to expire on September 30, 2025, with a strike price of Rs 1400, have seen significant trading activity, with 8,923 contracts exchanged, resulting in a turnover of Rs 735.70 lakhs. The open interest stands at 23,961 contracts, indicating a robust interest in these options.
Today, Reliance's underlying value is reported at Rs 1364.0, reflecting a slight decline of 0.75% in its stock price, which is in line with the sector's performance, which saw a decrease of 0.53%. Notably, the stock has experienced a trend reversal, falling after two consecutive days of gains. It has traded within a narrow range of Rs 11.4, and while it remains above the 200-day moving average, it is below the shorter-term moving averages of 5, 20, 50, and 100 days.

Investor participation appears to be waning, with delivery volume dropping by 41.29% compared to the five-day average. Despite this, the stock maintains sufficient liquidity for trades, with a capacity for a trade size of Rs 35.61 crore based on 2% of the five-day average traded value. Overall, Reliance Industries continues to be a focal point in the market, reflecting both its established position and current trading dynamics.