Reliance Industries Ltd has emerged as one of the most active stock puts today, signaling heightened market interest.

Reliance Industries Ltd, a prominent player in the oil exploration and refineries sector, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, RELIANCE, is currently valued at Rs 1254.0, with a notable focus on put options expiring on April 24, 2025.
Today, 6,951 contracts of put options with a strike price of Rs 1250 were traded, generating a turnover of approximately Rs 690.58 lakhs. The open interest for these puts stands at 2,813 contracts, indicating a significant level of activity and interest among traders.

In terms of performance, Reliance Industries has been experiencing a downward trend, with a consecutive fall over the last three days, resulting in a total decline of 2.46%. The stock has traded within a narrow range of Rs 9.8 today. While it remains above the 20-day and 50-day moving averages, it is currently below the 5-day, 100-day, and 200-day moving averages.

Investor participation has seen a decline, with delivery volume dropping by 35.46% compared to the five-day average. Despite this, the stock maintains sufficient liquidity for trades, with a liquid threshold based on 2% of the five-day average traded value amounting to Rs 38.12 crore.

In summary, Reliance Industries Ltd continues to attract attention in the options market, reflecting the ongoing dynamics within the oil exploration and refineries industry.