Pidilite Industries Limited Open Interest & PCR Analysis

OI Buildup Pattern

The spot price remains steady at ₹1,389.6, while total call and put open interest are virtually unchanged, indicating a neutral buildup with neither side gaining dominance significantly. Open interest for calls stands at 12,67,500 contracts and for puts at 13,39,500 contracts, showing a marginally higher put side but no decisive directional bias in today. Since price movement is flat and open interest is flat, the market appears to be awaiting new catalysts before establishing a clear long or short bias for positioning.

Put-Call Ratio

The put‑call ratio registers at 1.057, marginally above one, reflecting slightly more puts than calls at the close of trading and suggests traders are slightly risk‑averse overall. Compared with yesterday’s 0.45 level, the PCR has risen sharply, indicating an increase in bearish positioning relative to the prior session as market sentiment shifts today.

Futures OI

Futures open interest records a net zero change, suggesting that new positions are not being added or liquidated in the current expiry and reflects that option writers maintain exposure without hedging. The flat futures OI aligns with the neutral cash market stance, implying participants are holding existing positions rather than initiating speculative bets in the near term.

Data Summary

Overall, the key takeaway is a stagnant open interest across calls, puts, and futures, indicating a market in balance ahead of the next news catalyst.