LTM Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current open‑interest profile shows a neutral buildup, meaning price movement is flat while open interest remains unchanged across the entire expiry horizon. With the underlying price steady at ₹4,554 and total OI unchanged, neither long nor short camps are adding fresh contracts, and the lack of new entries suggests participants are content with their existing risk exposure. This stability, combined with a zero‑change OI reading, indicates that market actors are holding their positions rather than initiating fresh directional bets, reinforcing a maintenance phase in the market microstructure.

Put‑Call Ratio

The put‑call ratio sits at 0.674, indicating a slight bias toward call buying relative to puts and signalling modest optimism among option writers. Compared with yesterday’s 0.716, the ratio has moved lower, reflecting a modest reduction in put demand or an increase in call demand, which tightens the spread between bullish and bearish sentiment.

Futures OI

Futures open interest registers zero change for the day, showing that no new futures contracts have been introduced and no existing contracts have been closed, implying a static positioning environment. The flat futures OI reinforces the view that market participants are not adjusting their exposure in the underlying index, further confirming the overall inertia in the derivatives market.

Data Summary

Total open interest for the contract sits at 8,82,750, with call open interest at 5,94,600, while total change remains at 0 %.