Glenmark Pharmaceuticals Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) for the current weekly expiry shows a neutral buildup, meaning that price action has been flat while OI remains unchanged. A neutral buildup implies that neither long nor short participants are adding to their positions in a decisive manner; the market is essentially holding its existing exposure. Consequently, the lack of directional pressure suggests that traders are awaiting a catalyst before committing additional capital.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.611, marginally lower than yesterday’s 0.618. A PCR below one denotes a dominance of call contracts, indicating a mildly bullish bias among option writers for this expiry.

Futures OI

Futures open interest registers zero change, with the net OI remaining unchanged from the prior session. This stability in futures OI reinforces the notion that market participants are not altering their directional bets and are maintaining their current exposure levels.

Data Summary

Overall, the total OI for the current expiry is 18,17,250 contracts, with call OI at 11,11,125, reflecting a balanced but slightly call‑heavy positioning environment.