HDFC Bank Limited Open Interest & PCR Analysis
OI Buildup Pattern
The current open‑interest profile shows a neutral buildup, meaning that the spot price is unchanged at ₹685.3 while total OI remains flat. With price stability and no net increase in either calls or puts, neither long‑side participants nor short‑side participants are adding new contracts. This neutrality indicates that market participants are adopting a wait‑and‑see stance, likely holding their existing positions until a clear directional catalyst emerges.
Put‑Call Ratio
The put‑call ratio (PCR) stands at 0.666, up from 0.376 in the previous session. The upward move reflects a relative rise in put‐option contracts versus call contracts, suggesting a modest shift toward downside protection or bearish sentiment among option writers.
Futures OI
Futures open interest registers zero change for this expiry, implying that no new futures contracts have been opened or closed during the trading day. A flat futures OI environment points to an absence of fresh speculative or hedging activity in the underlying index, reinforcing the overall wait‑and‑see attitude observed in the options market.
Data Summary
Total call OI totals 10,05,34,850 contracts, while put OI equals 6,69,57,150 contracts, yielding the observed PCR of 0.666 and confirming the neutral open‑interest stance for this expiry.
Data as of 2026-10-28