Indian Oil Corporation Limited Open Interest & PCR Analysis
₹147.49Updated 21 Apr 2026, 01:26 pm IST
PCR
0.72
Bearish signal
Max Pain
₹143
Spot above by ₹4
Total CE OI
62.52M
Call writers
Total PE OI
44.92M
Put writers
OI Buildup Signal
Neutral
Price movement < 0.3% threshold
Put-Call Ratio Gauge
0 — Bearish1.0 — Neutral2.0+ — Bullish
AI AnalysisGenerated daily after market close · AI-powered
OI Buildup Read
Neutral buildup prevails with spot unchanged and total open interest static at zero net change. Neither fresh longs nor shorts are entering aggressively, reflecting market indecision ahead of key expiry. Signal strength is weak, lacking conviction from either side.
Put-Call Ratio Signal
PCR holds steady at 0.718, remaining below the 0.7 threshold, indicating bearish contrarian sentiment among options sellers. No shift from the prior day underscores sustained but stable pessimism.
Futures Confirmation
Futures open interest is flat at zero, confirming absence of directional commitment from leveraged players. Lack of futures participation invalidates any emerging options-based momentum.
Bias for Tomorrow
Bias is range-bound with slight bearish tilt; invalidation at ₹150.50.
Data as of 2026-04-21
Related Analysis
Frequently Asked Questions
What is Indian Oil Corporation Limited PCR (Put-Call Ratio) today?▾
Indian Oil Corporation Limited's current PCR is 0.72. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Indian Oil Corporation Limited's PCR of 0.72 indicates bearish sentiment.
What is Indian Oil Corporation Limited OI buildup type today?▾
Indian Oil Corporation Limited is currently showing neutral positioning with no significant directional bias. This is determined by comparing today's price change direction with the direction of total OI change — using the standard F&O buildup classification framework.
What is total CE and PE open interest for Indian Oil Corporation Limited?▾
Indian Oil Corporation Limited has total CE (call) OI of 62517000 contracts and total PE (put) OI of 44918250 contracts for the nearest expiry. The PCR is 0.72.
How is open interest analysis useful for Indian Oil Corporation Limited trading?▾
OI analysis for Indian Oil Corporation Limited helps identify institutional positioning. High CE OI at a strike = call writers defending that level (resistance). High PE OI = put writers defending that level (support). The buildup type tells you whether smart money is building fresh positions (bullish/bearish) or exiting existing ones.
What is the max pain for Indian Oil Corporation Limited?▾
Indian Oil Corporation Limited's max pain is ₹143 — the strike price where option writers (sellers) collectively suffer the least financial loss at expiry. The current spot price vs max pain deviation guides near-term directional bias into expiry.