The Federal Bank Limited Open Interest & PCR Analysis

OI Buildup Pattern

The expiry shows a neutral buildup: the underlying price remains unchanged at ₹346 while the total open interest is flat at 1,17,37,500 contracts. Since neither price nor OI moves directionally, there is no clear net addition of long or short positions. This stability suggests that market participants are holding existing exposures rather than initiating new directional bets for this expiry.

Put‑Call Ratio

The put‑call ratio stands at 0.834, down from yesterday’s 1.023. A PCR below one signals that call writing is marginally heavier than put writing, but the decline from above one to below one indicates a modest shift toward a more bullish bias among option writers.

Futures OI

Futures open interest is unchanged at zero, implying no new future contracts have been added or removed for this expiry. The flat futures OI, together with the neutral options OI, points to a broadly balanced positioning environment with neither side aggressively adding speculative exposure.

Data Summary

Overall, the key data point is a static total open interest of 1,17,37,500 contracts coupled with a unchanged spot price, underscoring a largely unchanged market stance for the current expiry.