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Union Bank of India

NSE: UNIONBANKFinancial ServicesLot size: 4425

Union Bank of India Open Interest & PCR Analysis

₹182.98Updated 28 Oct 2026, 03:30 pm IST
PCR
0.84Neutral
Max Pain
₹180Spot above by ₹3
Total CE OI
11.45MCall writers
Total PE OI
9.61MPut 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 derivatives market exhibits a distinct neutral buildup pattern as the spot price remains completely flat alongside stagnant aggregate open interest figures. This equilibrium suggests that neither bullish nor bearish factions are aggressively establishing new positions at current valuation levels during this specific trading session. Market participants appear to be adopting a cautious wait-and-watch approach, resulting in minimal net change in outstanding contracts across the entire option chain.

Put-Call Ratio

The Put-Call Ratio currently stands at 0.839, reflecting a notable decline from the previous trading session reading of 0.923. This downward shift indicates a relative reduction in protective put writing compared to call writing, signaling slightly bearish sentiment among option sellers regarding downside protection.

Futures OI

Futures open interest reports zero percentage change, indicating no fresh capital inflow or significant exit within the linear derivative segment. This absence of positioning adjustment aligns perfectly with the options market neutrality, suggesting traders are hesitant to commit to directional bets via futures contracts until clearer trends emerge.

Data Summary

Total call open interest dominates the landscape at 1,14,47,475 contracts against 96,06,675 put contracts for this specific expiry series.

Data as of 2026-10-28

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Frequently Asked Questions

What is Union Bank of India PCR (Put-Call Ratio) today?
Union Bank of India's current PCR is 0.84. 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 0.84 indicates neutral sentiment.
What is Union Bank of India OI buildup type today?
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.
What is total CE and PE open interest for Union Bank of India?
Union Bank of India has total CE (call) OI of 11447475 contracts and total PE (put) OI of 9606675 contracts for the nearest expiry. The PCR is 0.84.
How is open interest analysis useful for Union Bank of India trading?
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.
What is the max pain for Union Bank of India?
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.