Mahindra & Mahindra Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) profile for the current expiry shows a neutral buildup, meaning that price movement is flat while total OI remains unchanged. A neutral buildup indicates that neither additional long nor short positions dominate the market, and participants are essentially holding their previous allocations. Because price is stable and OI is static, the positioning reflects a balanced stance with no decisive bias toward accumulation or distribution.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.907, a modest increase from yesterday’s 0.433, implying that put contracts now represent a slightly larger share of total options activity. This upward shift suggests a marginal tilt toward defensive positioning, although the ratio remains below one, indicating that call buying still exceeds put buying.

Futures OI

Futures open‑interest registers zero change for the day, signaling that the number of long and short contracts in the futures segment has not altered. The flat futures OI reinforces the neutral sentiment observed in the options market, confirming that traders are not expanding or contracting their directional exposure.

Data Summary

Overall, total OI holds steady at 29,46,600 contracts, with call OI at 26,72,200, highlighting a stable positioning environment for this expiry.