ICICI Life Insurance Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) profile shows a neutral buildup, with price unchanged at ₹412 and total OI remaining flat, indicating neither a decisive long nor short accumulation across the market and traders appear cautious, holding allocations pending clearer cues. Call OI stands at 19,70,250 while put OI totals 28,75,825, reflecting a larger put side but the overall OI balance unchanged from the prior session, indicating heightened protective buying pressure in puts. This static OI environment suggests that existing participants are holding positions rather than aggressively expanding or contracting exposure for this expiry, and this inertia precedes a breakout as sentiment consolidates.

Put-Call Ratio

The put‑call ratio (PCR) registers at 0.685, up from yesterday’s 0.545, indicating a relative increase in put demand versus calls. A PCR below one still reflects a market bias toward calls, but the rise signals a modest shift toward more protective or bearish positioning.

Futures OI

Futures OI shows zero change, confirming that neither new long nor short futures contracts have been added or withdrawn during the latest trading interval, such stability typically reflects a pause in speculative aggression ahead of upcoming news. The flat futures OI reinforces the overall neutral stance, suggesting that speculative flow is limited and participants are awaiting further price movement before adjusting positions.

Data Summary

Key takeaway: total OI remains unchanged at 28,75,825 puts versus 19,70,250 calls, underscoring a balanced but slightly put‑heavy positioning for this expiry.