Start for free

Union Bank of India

NSE: UNIONBANKFinancial ServicesLot size: 4425

Union Bank of India Open Interest & PCR Analysis

₹187.22Updated 4 Sept 2026, 03:30 pm IST
PCR
0.69Bearish signal
Max Pain
₹185Spot above by ₹2
Total CE OI
41.17MCall writers
Total PE OI
28.20MPut 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 open‑interest (OI) for the current expiry remains unchanged at 4,11,74,625 contracts, while the spot price is flat at ₹187.22. With both price and OI stagnant, the market exhibits a neutral buildup, indicating that neither long‑side nor short‑side participants are adding or peeling back positions in a decisive manner.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.685, down from yesterday’s 0.708. This lower PCR reflects a modest shift toward relatively more call premiums being traded versus puts, but the level remains below 1, suggesting a mildly bullish sentiment.

Futures OI

Futures open‑interest shows a net change of zero contracts for this expiry. The flat OI in the futures segment reinforces the overall neutral stance, implying that traders are not actively expanding or contracting their futures exposure at this time.

Data Summary

The key figure for this expiry is a total OI of 4,11,74,625 contracts, unchanged from the prior session, coupled with a stable spot price of ₹187.22.

Data as of 2026-09-04

Related Analysis

Same Sector

360ONE360 ONE WAM LIMITEDABCAPITALAditya Birla Capital LimitedNeutralANGELONEAngel One LimitedNeutralAUBANKAU Small Finance Bank LimitedNeutralAXISBANKAxis Bank LimitedNeutral

Frequently Asked Questions

What is Union Bank of India PCR (Put-Call Ratio) today?
Union Bank of India's current PCR is 0.69. 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 0.69 indicates bearish 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 41174625 contracts and total PE (put) OI of 28204950 contracts for the nearest expiry. The PCR is 0.69.
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 ₹185 — 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.