Marico Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current expiry shows a neutral OI buildup, with the underlying price flat at ₹769.65 and total open interest unchanged, as traders monitor upcoming earnings releases and. Call OI stands at 1,41,200 contracts while put OI registers 1,64,760 contracts, reflecting balanced participation and a market in equilibrium without evident directional bias at this expiry stage. Such equilibrium suggests participants await fresh catalytic information before committing, resulting in a steady state where volatility premiums stay subdued and option premiums price near intrinsic values.

Put-Call Ratio

The put‑call ratio sits at 1.444, denoting a higher proportion of puts relative to calls, and indicating protective hedging strategies are more prevalent among traders in the market. Compared with yesterday’s 0.625 reading, the ratio has widened markedly, implying a shift toward bearish positioning, possibly driven by recent macro‑economic news affecting risk sentiment in the market.

Futures OI

Futures open interest registers zero change, indicating speculative interest in the underlying equity remains flat, and traders are not adding leveraged exposure at this price level for now. This static futures OI reinforces the observed neutrality in the options market, as participants stay cautious, awaiting clearer directional cues before expanding positions significantly in their portfolio allocations.

Data Summary

Overall, the key takeaway is a steady total OI of 2,06,960 contracts, with balanced call and put participation, unchanged futures positioning, and market poised for potential shifts soon.