KEI Industries Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) profile shows a neutral buildup, meaning that the combined change in price and OI does not fit a classic long‑buildup or short‑buildup pattern, as observed across the equity derivatives chain, with no significant skew in sectoral exposure. With the spot price unchanged at ₹3,856 and total OI flat, and volume metrics remain steady, indicating equilibrium between buyers and sellers, neither bullish nor bearish accumulation dominates. This neutrality suggests that market participants are holding existing positions rather than aggressively adding to longs or shorts, the lack of aggressive position flipping suggests a cautious market outlook ahead of upcoming earnings.

Put‑Call Ratio

The put‑call ratio (PCR) sits at 0.665, well below the 1.0 neutral threshold, indicating a higher proportion of call option open interest relative to puts. This tilt reflects heightened optimism among option writers. Compared with yesterday’s PCR of 1.022, the ratio has moved sharply lower, reflecting a recent shift toward call‑side exposure, often precedes a rally.

Futures OI

Futures open interest registers zero change for the current expiry, confirming that no net new contracts have been added or withdrawn. The flat futures OI aligns with the overall neutral OI stance and points to a lack of fresh directional bets in the futures segment.

Data Summary

Key data for this expiry: total call OI = 7,06,300, total put OI = 4,69,350, PCR = 0.665, and unchanged spot price at ₹3,856.