The Indian Hotels Company Limited Open Interest & PCR Analysis
OI Buildup Pattern
The open‑interest (OI) for the current expiry remains unchanged at 52,83,000 contracts, while the spot price is flat at ₹720, producing a neutral buildup classification. This neutral pattern—price flat combined with stagnant OI—suggests that neither long‑side entrants nor short‑side challengers are adding to their positions, and the market is in a state of equilibrium. Consequently, the existing participants appear to be holding their current exposures without significant directional bias, indicating a pause in aggressive positioning.
Put‑Call Ratio
The put‑call ratio (PCR) sits at 0.686, well below the 1.0 benchmark that typically signals a dominance of call buying over put buying. Yesterday’s PCR was 0.717, so the ratio has slipped modestly, reflecting a slight increase in call demand relative to put demand in the most recent session.
Futures OI
Futures OI registers at zero with a zero change from the prior day, meaning no new contracts have been added or liquidated in the futures segment for this expiry. This flat futures OI underscores the same equilibrium observed in the options market, reinforcing the view that participants are not adjusting their directional bets in the near term.
Data Summary
The key datum for this expiry is a total OI of 52,83,000 contracts with a neutral buildup, indicating a balanced market stance as of 2026‑09‑04.
Data as of 2026-09-04