Surge in Call Options: Reliance Industries Sees 5,258 Contracts at Rs 1600 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 in its call options. The stock, currently valued at Rs 1512.2, has seen notable movements in its options market, particularly for contracts expiring on July 31, 2025.
Among the most actively traded options, the call option with a strike price of Rs 1600 led the way, with 5,258 contracts traded and a turnover of Rs 97.04 lakhs, alongside an open interest of 10,215 contracts. Following closely, the Rs 1550 strike price option recorded 4,484 contracts traded, generating a turnover of Rs 277.10 lakhs and an open interest of 11,258. The Rs 1520 strike price option also saw robust activity, with 4,425 contracts traded and a turnover of Rs 568.78 lakhs, contributing to an open interest of 4,709.

Despite the active trading, Reliance Industries has faced a slight decline, with a 1.93% drop over the past three days. The stock has been trading within a narrow range of Rs 13.7, and while it remains above its 20, 50, 100, and 200-day moving averages, it is currently below its 5-day moving average. The delivery volume has shown a rise, indicating increased investor participation, with a delivery volume of 56.02 lakhs on July 9, up by 34.06% compared to the 5-day average.

In summary, Reliance Industries continues to attract attention in the market, with significant trading volumes in its call options reflecting ongoing interest amid a challenging performance backdrop.