Indian Bank Open Interest & PCR Analysis

OI Buildup Pattern

The underlying asset exhibits a neutral buildup pattern as price stability coincides with unchanged open interest levels across the entire options chain. This stagnation suggests market participants are neither aggressively establishing new positions nor exiting existing commitments at current strike prices, indicating hesitation. Consequently, the derivatives market reflects a state of equilibrium where neither bulls nor bears dominate the positioning landscape during this trading session.

Put-Call Ratio

The Put-Call Ratio currently stands at 1.086, marking a significant increase from the previous session's reading of 0.681. This sharp upward shift indicates a relative surge in put writing activity or call unwinding compared to the prior day, signaling improved sentiment among hedgers and protective buyers.

Futures OI

Futures open interest remains completely flat at zero change, indicating no fresh capital inflow or outflow in the linear instrument segment. This lack of variation implies that futures traders are maintaining existing exposures without adding leverage or reducing risk ahead of the upcoming expiry cycle.

Data Summary

Total call open interest rests at 21,40,000 contracts while put open interest holds higher at 23,24,000 contracts for this specific expiry series, highlighting the overall skew.