Divi's Laboratories Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) profile shows a neutral buildup, as the spot price remains flat at ₹9,558.5 while total OI is unchanged, indicating stable market valuation across participant classes. Both total call OI (11,78,200) and put OI (7,21,200) stay level, indicating that neither long nor short side is adding new contracts, and that existing exposure remains evenly distributed among institutional and retail traders. This equilibrium suggests that market participants are maintaining their current positions rather than initiating fresh directional bets, reflecting a cautious outlook amid prevailing uncertainty in the pharmaceutical sector.

Put-Call Ratio

The put‑call ratio (PCR) sits at 0.612, well below the 1.0 threshold that signals bearish pressure, underscoring a dominant call bias in the options market throughout the trading day. Yesterday it was 0.929, showing a notable day‑over‑day decline and implying reduced short‑put activity, which may point to easing downside hedging demand in the near term.

Futures OI

Futures open‑interest for the same expiry registers zero change, reflecting no net addition or reduction of contracts, and signaling that speculative inflows are presently muted. Such a flat futures OI landscape corroborates the neutral stance observed in the cash market, suggesting that traders are awaiting a catalyst before reallocating capital.

Data Summary

Overall, the unchanged total OI of 11,78,200 calls and 7,21,200 puts defines a steady positioning environment for this expiry, indicating limited volatility expectations among participants.