InterGlobe Aviation Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) profile shows a neutral buildup, with the underlying price unchanged at ₹4,690 and total OI flat across the board, indicating no immediate directional pressure from market makers. Both call and put OI have risen modestly—calls to 10,58,550 and puts to 11,97,300—while the underlying price shows no directional bias, suggesting that participants are layering contracts on both sides to manage risk rather than to express a strong view. This combination of stable price, equalized OI growth, and balanced exposure points to a market environment where traders are adding positions on both the long and short side without a clear tilt toward bullish or bearish sentiment, reinforcing a cautious yet active positioning stance.

Put-Call Ratio

The put‑call ratio (PCR) stands at 1.131, indicating a slight premium on put contracts relative to calls and hinting at a modest defensive bias among investors. Yesterday’s PCR was 0.386, marking a notable increase in put demand and a shift toward a more defensive stance, as traders appear to be hedging against potential downside risk.

Futures OI

Futures open‑interest registers zero change for the day, implying that new speculative or hedging activity in the futures segment is dormant and that existing positions are being held rather than expanded. The flat futures OI reinforces the view that traders are not altering their exposure in the underlying index at this expiry, further underscoring the overall market’s wait‑and‑see posture.

Data Summary

Key takeaway: total call OI sits at 10,58,550 and put OI at 11,97,300, with a stable spot price of ₹4,690 and a PCR of 1.131, reflecting a balanced but slightly put‑biased positioning landscape.