Punjab National Bank Open Interest & PCR Analysis

OI Buildup Pattern

The spot index is flat at ₹120.31 and total call‑option open interest is unchanged at 3,27,52,000 contracts, while put‑option open interest remains steady at 2,43,68,000 contracts as of the close of trading. With price unchanged and open interest flat, the market exhibits a neutral buildup, indicating that neither bullish nor bearish participants are adding to their positions during this session. This stance suggests a balance between new entrants and exits across both sides of the market in the underlying index.

Put-Call Ratio

The put‑call ratio stands at 0.744, down from 1.079 the previous day, reflecting a shift in sentiment. The decline reflects a relative increase in call‑option participation compared with puts, though the ratio remains below one, historically signifying modest bullish bias for the near term.

Futures OI

Futures open interest shows zero change for the current expiry, implying no net addition or subtraction of contracts across all strike levels. The flat futures OI reinforces the neutral positioning observed in the options book, with participants neither expanding nor contracting their exposure as of today.

Data Summary

Overall, the unchanged total call OI of 3,27,52,000 contracts and put OI of 2,43,68,000 contracts highlight a stagnant positioning environment for this expiry and indicates limited speculative turnover.