Oberoi Realty Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current expiry shows a neutral buildup, as the spot price remains flat at ₹1601 and total open interest is unchanged, for the March cycle, exhibiting a lack of momentum. Both call and put open interest have risen, with total call OI at 504,000 contracts and total put OI at 456,400 contracts, indicating balanced positioning across the two sides and across major strike ranges and a diversified mix of traders. This equilibrium suggests that neither long nor short participants are aggressively adding to their positions, and the market is awaiting a catalyst such as earnings releases or macroeconomic data to tilt sentiment.

Put-Call Ratio

The put‑call ratio stands at 1.104, marginally higher than yesterday’s 0.655, reflecting a modest shift toward relatively higher put demand, which may signal cautious sentiment among option writers. The increase implies that the short side is accumulating marginally more protection, although the ratio remains just above parity; this modest rise does not yet constitute a pronounced bearish bias.

Futures OI

Futures open interest registers zero change, with no net addition or reduction in contracts, keeping the total at the prior level. Such flatness reinforces the view that speculative activity is subdued and participants are maintaining existing exposures rather than initiating new speculative bets, and that hedgers dominate the order flow.

Data Summary

Overall, the key OI metric for this expiry is the unchanged total open interest combined with a neutral buildup, highlighting a market in a stance of waiting for directional impetus.