REC Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest profile shows a neutral buildup. With the spot price unchanged at ₹290 and total OI flat, neither a price rise nor a decline accompanies the OI figure, indicating the market is not committing to a directional bias. This static stance suggests that traders are holding existing positions rather than adding new longs or shorts. Call open interest exceeds put open interest by roughly 11.5 million contracts. The disparity points to a slight preference for upside protection among market participants.

Put‑Call Ratio

The put‑call ratio stands at 1.107, up from 0.738 the previous session. The increase reflects a relative rise in put‑option exposure compared with calls, signalling a modest tilt toward bearish sentiment. The PCR above one indicates that puts outnumber calls in absolute terms.

Futures OI

Futures open interest registers zero change for the current expiry. A flat futures OI alongside an unchanged spot price implies that participants are neither increasing nor reducing their derivative exposure, reinforcing the neutral market outlook. Such a stagnant futures OI often precedes a consolidation phase in the underlying asset. Liquidity remains evenly distributed across strikes.

Data Summary

Overall, the total call OI of 1,07,61,975 and put OI of 1,19,18,025 remain unchanged, confirming a balanced positioning environment for this expiry. Call and put premiums show similar demand.