ICICI Bank Limited Open Interest & PCR Analysis

OI Buildup Pattern

The equity‑options market shows a neutral buildup for the June expiry, across the major strike range as traders maintain a balanced stance. Prices are unchanged at ₹1,377.6 while total open interest remains flat, indicating neither aggressive long nor short accumulation despite chatter that prompt repositioning. The absence of a directional move in OI alongside a steady spot suggests that market participants are holding existing positions without adding new bias. This equilibrium reflects a cautious outlook amid upcoming earnings season volatility.

Put-Call Ratio

The put‑call ratio stands at 0.834, up from 0.579 the previous day, a shift that points toward greater put demand relative to calls. The rise in PCR reflects a relative increase in put volume versus call volume, signaling modestly higher downside interest. Investors may be seeking protection ahead of potential rate‑policy announcements.

Futures OI

Futures open interest records zero change for the current expiry, No new contracts have been added or withdrawn. A flat futures OI implies that speculative or hedging activity in the underlying index is minimal, reinforcing the neutral stance observed in equity options, Such stability often precedes a period of low volatility.

Data Summary

Key figures for this expiry are a total call OI of 1,27,18,300 and a total put OI of 1,52,43,200, with the overall OI unchanged from the prior close, illustrating a balanced distribution of exposure across the option chain.