Coforge Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current open‑interest profile shows a neutral buildup, meaning the price of the underlying is flat while total OI remains unchanged. With price unchanged and OI steady, neither bullish nor bearish participants are adding net positions. This pattern suggests that existing participants are holding their positions rather than expanding long or short camps.

Put‑Call Ratio

The put‑call ratio stands at 0.646, lower than yesterday’s 0.965. This metric reflects the proportion of puts to calls across the same expiry and strikes. The decline indicates a relative increase in call buying or a reduction in put buying, pointing to a modest tilt toward optimism among option traders. Investors may be pricing in an improvement in earnings outlook or a softer macro environment.

Futures OI

Futures open interest registers zero change for the day, implying no net addition or removal of contracts. Both long and short sides maintain their prior exposure, resulting in a flat net position curve. The flat futures OI aligns with the neutral equity‑option stance, confirming that speculative pressure is limited. Such equilibrium often suggests that market participants are awaiting fresh data before altering their directional bets.

Data Summary

The key figure for this expiry is a total call OI of 28,81,825 against a combined OI of 44,59,300, with the PCR compression reflecting a subtle shift toward calls today.