Bharat Petroleum Corporation Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) profile for the current expiry shows a neutral buildup, meaning that price movement and OI have moved in opposite directions, leaving the net positioning unchanged. With the spot price frozen at ₹287 and total OI flat at 56,22,825 contracts, there is no clear dominance of either long or short entrants. This pattern suggests that market participants are neither aggressively adding to their directional bets nor exiting existing positions, indicating a balance between speculative and hedging activity.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.994, edging higher from yesterday’s 0.797. A PCR close to 1 denotes roughly equal weighting between put and call open interest, while the upward shift hints at a marginal tilt toward put side exposure, though still within a balanced range.

Futures OI

Futures open interest registers a net change of zero, with both the absolute level and its day‑over‑day movement unchanged at 0 contracts. This static futures OI reinforces the observation of a market in equilibrium, where new speculative thrusts are absent and existing contracts are being held.

Data Summary

The defining metric for this expiry is the unchanged total OI of 56,22,825 contracts, underscoring a flat positioning environment despite modest PCR movement.