Canara Bank Open Interest & PCR Analysis

OI Buildup Pattern

The current build‑up is classified as neutral because the spot price is unchanged (₹125.5, 0 %) while the total open interest (OI) for the current expiry remains flat at 6,77,43,000 contracts. A neutral build‑up signals that neither long‑side accumulation nor short‑side accumulation is dominant; market participants are broadly holding existing positions without a clear directional bias. The lack of movement in both price and OI suggests that the prevailing stance is one of equilibrium, with traders waiting for a catalyst before adjusting their exposures. Consequently, the open‑interest landscape reflects a steady‑state environment rather than an emerging trend.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.816, marginally higher than yesterday’s 0.808. This modest rise indicates a slight increase in put‑option interest relative to calls, but the ratio remains below 1, implying that call‑option activity still outweighs puts. The day‑over‑day shift is minimal, pointing to a stable risk‑profile among option writers.

Futures OI

Futures open interest shows no change, remaining at 0 contracts for the current expiry. Zero net movement in futures OI confirms that no new long or short positions are being added or liquidated, reinforcing the neutral stance observed in the equity‑options segment. The static futures OI underscores an absence of aggressive speculative positioning in the underlying index.

Data Summary

The key figure for this expiry is a flat total open interest of 6,77,43,000 contracts, indicating unchanged market participation across both options and futures.