Surge in Reliance Industries Ltd's Put Options: 1,713 Contracts at Rs 1,500 Strike Price

Reliance Industries Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a major player in the oil industry with a market capitalization of Rs 20,53,958.13 crore, has seen significant trading activity in its put options with expiry set for July 31, 2025.
Notably, the put option with a strike price of Rs 1,520 recorded 1,446 contracts traded, generating a turnover of Rs 203.86 lakh and an open interest of 3,020 contracts. Similarly, the put option with a strike price of Rs 1,500 saw 1,713 contracts traded, with a turnover of Rs 167.97 lakh and an open interest of 5,326 contracts. The underlying value of Reliance shares stands at Rs 1,522.8.

In terms of performance, Reliance Industries has underperformed its sector by 0.32% today, continuing a downward trend with a 0.9% decline over the past two days. The stock has traded within a narrow range of Rs 11.4 and remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, investor participation has decreased, with delivery volume dropping by 50.36% compared to the 5-day average. Despite these fluctuations, the stock maintains sufficient liquidity for trading, with a trade size of Rs 33.29 crore based on 2% of the 5-day average traded value.

In summary, Reliance Industries Ltd's put options are witnessing heightened activity amid a challenging trading environment, reflecting the current dynamics in the market.