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ITC Limited

NSE: ITC · Lot size: 1600

ITC Limited Open Interest & PCR Analysis

305.6Updated 21 Apr 2026, 01:26 pm IST
PCR
0.51
Bearish signal
Max Pain
300
Spot above by ₹6
Total CE OI
99.65M
Call writers
Total PE OI
50.40M
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 OI static at 150.05 crore contracts. Price stagnation paired with zero OI change indicates equilibrium between longs and shorts. The signal lacks conviction, reflecting indecision in near-term directional momentum.

Put-Call Ratio Signal

PCR holds steady at 0.506, remaining deep below the 0.7 bearish contrarian threshold, signaling persistent put dominance. No shift from prior day underscores entrenched bearish sentiment among options sellers.

Futures Confirmation

Futures OI is flat at zero, offering no confirmation of bulls or bears gaining traction. Absence of futures participation weakens any potential continuation signal from options activity.

Bias for Tomorrow

Bearish bias holds with downside pressure likely; invalidation at ₹312.5 breaks near-term negative structure.

Data as of 2026-04-21

Frequently Asked Questions

What is ITC Limited PCR (Put-Call Ratio) today?
ITC Limited's current PCR is 0.51. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. ITC Limited's PCR of 0.51 indicates bearish sentiment.
What is ITC Limited OI buildup type today?
ITC 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 ITC Limited?
ITC Limited has total CE (call) OI of 99654400 contracts and total PE (put) OI of 50400000 contracts for the nearest expiry. The PCR is 0.51.
How is open interest analysis useful for ITC Limited trading?
OI analysis for ITC 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 ITC Limited?
ITC Limited's max pain is ₹300 — 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.