Union Bank of India Open Interest & PCR Analysis

Union Bank of India's current PCR is 0.78. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Union Bank of India's PCR of 0.78 indicates bearish sentiment.

Union Bank of India 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.

Union Bank of India has total CE (call) OI of 34152150 contracts and total PE (put) OI of 26651775 contracts for the nearest expiry. The PCR is 0.78.

OI analysis for Union Bank of India 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.

Union Bank of India's max pain is ₹180 — 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.