HDFC Asset Management Company Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest for the current expiry shows a net zero change, with total call OI at 7,89,900 and put OI at 9,18,900, indicating a balanced market stance overall and clearly reflecting investor caution. Price movement remains flat at ₹2,300, and since OI is unchanged, the positioning reflects a neutral buildup where neither longs nor shorts dominate the market consensus, suggesting traders are holding. Such a neutral buildup suggests participants are awaiting new information before committing additional capital, maintaining equilibrium between bullish and bearish bets for this expiry, and preserving risk balance.

Put-Call Ratio

The put‑call ratio stands at 1.163, indicating a slight bias toward put options in the current contracts, which may signal defensive positioning. Compared with yesterday’s 0.835 level, the ratio has risen markedly, reflecting increased put demand or reduced call interest within the same day, highlighting a shift in sentiment.

Futures OI

Futures today’s open‑interest registers zero change, showing no net addition or reduction in contract positions across the expiry, implying stable speculative activity overall. This flat futures OI reinforces the overall neutral stance, implying that market makers and speculators are not aggressively expanding or contracting their exposure, which maintains market equilibrium.

Data Summary

In summary, the key open‑interest figure for this expiry today is a balanced call‑put split with both sides holding approximately 8‑9 lakh contracts each, underscoring a tightly contested positioning landscape.