High call volume at ₹1,410 strike for Reliance Industries
after close1 source ↓written by the desknot a recommendation
- were traded
- 5,948 call contracts
- for Reliance Industries
- ₹1,410 strike
- ahead
- 26 May expiry
- underlying stock
- ₹1,359.40
- this strike
- ₹86.54 lakh
On 21 May, 5,948 call contracts were traded at the ₹1,410 strike for Reliance Industries Ltd, signaling speculative upside ahead of the 26 May expiry. This strike is currently out-of-the-money with the underlying stock at ₹1,359.40. The total turnover for this strike was ₹86.54 lakh, indicating significant interest in a potential price rebound.
Despite a slight decline of 0.22% in cash market price, the options market suggests traders are anticipating a short-term recovery not yet reflected in the spot price.
Not investment advice. For informational purposes only.