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JSW Steel Limited

NSE: JSWSTEELMetals & MiningLot size: 675

JSW Steel Limited Open Interest & PCR Analysis

₹1325.00Updated 4 Sept 2026, 03:30 pm IST
PCR
0.78Bearish signal
Max Pain
₹1320Spot above by ₹5
Total CE OI
6.99MCall writers
Total PE OI
5.46MPut 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 Pattern

The current expiry shows a neutral buildup: spot price is unchanged at ₹1,325 and total open interest (OI) is flat at 6,989,625 contracts. The lack of movement in both price and OI suggests that neither long‑side participants nor short‑side participants are adding or withdrawing significant positions. Consequently, the market is in a state of equilibrium, with existing positions largely held unchanged.

Put‑Call Ratio

The PCR stands at 0.781, indicating that call options are more heavily weighted than puts for this expiry. Compared with yesterday’s 0.711, the ratio has risen modestly, reflecting a slight shift toward greater call‑side interest.

Futures OI

Futures open interest is zero, with no change reported for the current expiry. This flat futures OI underscores the absence of new speculative or hedging activity in the underlying futures contract, reinforcing the overall neutral stance observed in the options market.

Data Summary

The key data point for this expiry is the unchanged total OI of 6,989,625 contracts, confirming a balanced positioning environment across both options and futures.

Data as of 2026-09-04

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Frequently Asked Questions

What is JSW Steel Limited PCR (Put-Call Ratio) today?
JSW Steel Limited's current PCR is 0.78. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. JSW Steel Limited's PCR of 0.78 indicates bearish sentiment.
What is JSW Steel Limited OI buildup type today?
JSW Steel 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 JSW Steel Limited?
JSW Steel Limited has total CE (call) OI of 6989625 contracts and total PE (put) OI of 5457375 contracts for the nearest expiry. The PCR is 0.78.
How is open interest analysis useful for JSW Steel Limited trading?
OI analysis for JSW Steel 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 JSW Steel Limited?
JSW Steel Limited's max pain is ₹1,320 — 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.