Tata Motors Passenger Vehicles Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) for the current expiry remains unchanged at 4,61,98,400 contracts while the underlying price is flat at ₹311.5. With no net increase in OI and a stagnant spot, the market exhibits a neutral buildup, indicating neither a dominant long nor short accumulation. This equilibrium suggests that participants are holding existing positions rather than initiating fresh directional bets. The flat price trajectory combined with unchanged OI also signals that expiry‑roll activity is minimal, and margin‑adjusted traders appear content with current exposure.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.707, marginally lower than yesterday’s 0.713. A PCR below 1 points to a slight call‑heavy bias, while the day‑over‑day dip reinforces a modest shift toward bullish sentiment without a pronounced change in option‑writing activity. Such a marginal PCR contraction often reflects incremental call‑side buying rather than a wholesale reversal of put‑side positions.

Futures OI

Futures open‑interest registers zero change for the expiry, implying that the total number of contracts held by traders is static. The absence of OI movement in the futures leg mirrors the neutral stance observed in the options market, suggesting limited new speculative or hedging inflows. Consequently, the futures side mirrors the option market’s stability, with traders likely awaiting the roll window.

Data Summary

The key figure for this expiry is a steady total OI of 4,61,98,400 contracts, underpinning a balanced market stance.