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NTPC Limited

NSE: NTPC · Lot size: 1500

OverviewOption ChainOI AnalysisFII / DIIMax Pain

NTPC Limited Open Interest & PCR Analysis

₹397.85Updated 21 Apr 2026, 01:26 pm IST
PCR
0.53
Bearish signal
Max Pain
₹383
Spot above by ₹15
Total CE OI
65.98M
Call writers
Total PE OI
34.91M
Put 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 Read

Neutral buildup occurs as spot price holds flat and total OI remains unchanged, indicating balanced participation. Neither long buildup nor long unwinding dominates, reflecting market indecision. Signal strength is weak with no fresh positioning momentum.

Put-Call Ratio Signal

PCR at 0.529 remains firmly below the bearish contrarian threshold of 0.7, signaling excessive call dominance and potential overconfidence. No shift from yesterday’s level confirms sustained bullish sentiment in options.

Futures Confirmation

Futures OI is zero with no open contracts, eliminating futures-based confirmation of options activity. Lack of futures positioning leaves options signals uncorroborated and speculative.

Bias for Tomorrow

Bias is sideways-to-slightly bullish, invalidation at ₹390.85 (2% below spot).

Data as of 2026-04-21

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Frequently Asked Questions

What is NTPC Limited PCR (Put-Call Ratio) today?▾
NTPC Limited's current PCR is 0.53. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. NTPC Limited's PCR of 0.53 indicates bearish sentiment.
What is NTPC Limited OI buildup type today?▾
NTPC 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 NTPC Limited?▾
NTPC Limited has total CE (call) OI of 65979000 contracts and total PE (put) OI of 34908000 contracts for the nearest expiry. The PCR is 0.53.
How is open interest analysis useful for NTPC Limited trading?▾
OI analysis for NTPC 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 NTPC Limited?▾
NTPC Limited's max pain is ₹383 — 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.