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SBI Cards and Payment Services Limited

NSE: SBICARDFinancial ServicesLot size: 800

SBI Cards and Payment Services Limited Open Interest & PCR Analysis

₹658.25Updated 4 Sept 2026, 03:30 pm IST
PCR
0.73Bearish signal
Max Pain
₹650Spot above by ₹8
Total CE OI
8.64MCall writers
Total PE OI
6.30MPut 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 Pattern

The spot index holds steady at ₹658.25 while total open interest for the current expiry is unchanged at 86,44,000 contracts, producing a neutral buildup. A neutral buildup means that price movement is flat and the net OI change does not favour either side, so neither longs are accumulating nor shorts are expanding. This equilibrium suggests that market participants are holding their existing positions without aggressive new‐side bets.

Put‑Call Ratio

The put‑call ratio (PCR) is 0.729, up from yesterday’s 0.663, indicating a modest rise in relative put activity. Although the ratio remains below 1.0, the upward shift points to a slight tilt toward more protective puts while calls still dominate overall.

Futures OI

Futures open interest shows zero change for the day, with no new contracts added or unwound. The flat futures OI reinforces the broader neutral stance observed in the cash market, implying little new positioning pressure from futures traders.

Data Summary

The salient figure for this expiry is a stagnant total open interest of 86,44,000 contracts, reflecting a neutral buildup and balanced long/short positioning.

Data as of 2026-09-04

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Frequently Asked Questions

What is SBI Cards and Payment Services Limited PCR (Put-Call Ratio) today?
SBI Cards and Payment Services Limited's current PCR is 0.73. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. SBI Cards and Payment Services Limited's PCR of 0.73 indicates bearish sentiment.
What is SBI Cards and Payment Services Limited OI buildup type today?
SBI Cards and Payment Services 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 SBI Cards and Payment Services Limited?
SBI Cards and Payment Services Limited has total CE (call) OI of 8644000 contracts and total PE (put) OI of 6301600 contracts for the nearest expiry. The PCR is 0.73.
How is open interest analysis useful for SBI Cards and Payment Services Limited trading?
OI analysis for SBI Cards and Payment Services 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 SBI Cards and Payment Services Limited?
SBI Cards and Payment Services Limited's max pain is ₹650 — 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.