Call Option Trading Highlights
Data from the derivatives segment reveals that Reliance Industries Ltd has recorded substantial volumes in call options expiring on 30 December 2025. The strike prices attracting the most attention are ₹1,540 and ₹1,550, both closely aligned with the underlying stock price of ₹1,522.5 as of the latest trading session.
The call option at the ₹1,540 strike price saw 4,270 contracts traded, generating a turnover of approximately ₹425.29 lakhs. Open interest for this strike stands at 5,324 contracts, signalling sustained trader interest and potential positioning ahead of expiry. Meanwhile, the ₹1,550 strike call option recorded 3,298 contracts traded with a turnover of ₹262.52 lakhs and an open interest of 6,935 contracts, underscoring a strong focus on this slightly higher strike level.
Underlying Stock Performance and Market Context
Reliance Industries, a heavyweight in the oil sector with a market capitalisation exceeding ₹20 lakh crores, has been trading within striking distance of its 52-week high. The stock closed approximately 3.76% below its peak of ₹1,581.3, reflecting a near-term consolidation phase. On the day of analysis, the stock underperformed its sector by 0.32%, registering a decline of 1.22% compared to the sector’s 1.09% fall and the Sensex’s 0.74% drop.
Technical indicators show that Reliance’s share price remains above its 50-day, 100-day, and 200-day moving averages, suggesting a longer-term uptrend. However, it is trading below its 5-day and 20-day moving averages, indicating some short-term pressure. Investor participation has shown signs of strengthening, with delivery volumes on 8 December reaching 81.64 lakh shares, a 29.16% rise compared to the five-day average delivery volume. Liquidity remains robust, with the stock capable of supporting trade sizes up to ₹33.83 crore based on recent average traded values.
Quarter after quarter, this Small Cap from the Lifestyle sector delivers without fail! Just added to our Reliable Performers with proven staying power. Stability meets growth here beautifully.
- - Consistent quarterly delivery
- - Proven staying power
- - Stability with growth
See the Consistent Performer →
Interpreting the Call Option Activity
The concentration of call option trades at strike prices just above the current market value suggests that market participants are positioning for a potential upward move in Reliance Industries’ share price by the end of December. The open interest figures, particularly the 6,935 contracts at the ₹1,550 strike, indicate that traders are either hedging existing positions or speculating on a rally beyond this level.
Such activity often reflects a cautiously optimistic sentiment, where investors seek to benefit from gains while limiting downside risk through options. The turnover values in the hundreds of lakhs for these strikes further highlight the liquidity and interest in these contracts, making them key levels to watch as expiry approaches.
Sector and Market Dynamics
Reliance Industries operates within the oil sector, which has experienced varied performance amid global energy market fluctuations. The stock’s relative performance compared to its sector and the broader Sensex index provides context for its current valuation and investor sentiment. While the stock has shown resilience by maintaining levels above major moving averages, the recent short-term pullback aligns with broader market trends and sectoral pressures.
Investors and traders monitoring Reliance Industries should consider these dynamics alongside the derivatives market activity to gauge potential price trajectories and risk factors.
Curious about Reliance Industries from Oil? Get the complete picture with our detailed research report covering fundamentals, technicals, peer analysis, and everything you need to decide!
- - Detailed research coverage
- - Technical + fundamental view
- - Decision-ready insights
Outlook and Considerations for Investors
As Reliance Industries approaches the December expiry date for these actively traded call options, market participants will be closely watching price movements around the ₹1,540 to ₹1,550 range. The stock’s proximity to its 52-week high and the volume of call options traded at these strikes suggest that traders are weighing the possibility of a breakout or a consolidation phase.
Investors should also note the broader market environment, including sectoral trends and macroeconomic factors influencing the oil industry. The interplay between technical indicators and derivatives market positioning can provide valuable insights into potential price action and volatility in the coming weeks.
Given the stock’s liquidity and active participation in both cash and derivatives markets, Reliance Industries remains a key stock for traders seeking exposure to the oil sector with a blend of fundamental and technical considerations.
Summary
Reliance Industries is currently witnessing significant call option activity concentrated at strike prices near the current market level, reflecting a cautiously bullish stance among traders ahead of the 30 December 2025 expiry. The stock’s technical positioning above major moving averages, combined with rising delivery volumes, supports a narrative of sustained investor interest despite short-term price fluctuations. Market participants should monitor these derivatives trends alongside sectoral and broader market developments to inform their investment decisions.
Get 1 year of Weekly Picks FREE when you subscribe to MojoOne. Offer ends soon. Start Saving Now →
