Bank of India Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) for the current expiry remains flat at 3,44,91,600 contracts, with the put‑call OI ratio indicating a neutral buildup as price is unchanged and OI shows no net movement, reflecting a continuation of last week’s trend amid sector‑wide cautiousness. A neutral buildup suggests that neither long nor short side is aggressively adding positions, implying a balanced stance among market participants and modest capital allocation among. Consequently, the overall market sentiment appears to be waiting for a directional catalyst rather than reinforcing existing biases, pending macro‑economic data releases.

Put-Call Ratio

The PCR stands at 0.823, marginally higher than yesterday’s 0.772, indicating a slight tilt toward call‑option demand relative to puts, but still within historical norm. This day‑over‑day increase, while still below one, reinforces the observation of a modestly bullish bias in the options market, supporting the slight bullish tilt.

Futures OI

Futures open interest registers zero change for the expiry, confirming that the derivatives market has not added or withdrawn any contracts. The static futures OI aligns with the neutral equity OI stance, indicating no new speculative thrust from futures participants.

Data Summary

Overall, total OI holds steady at 3,44,91,600 contracts while put OI dominates at 2,83,71,200, underscoring a flat positioning environment for this expiry.