United Spirits Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) for the current expiry remains unchanged while the spot price is flat at ₹1,471.7, producing a neutral buildup. With price stability and no net OI movement, neither long‑side accumulation nor short‑side accumulation is evident, implying that existing positions are being held rather than expanded. This neutral stance suggests that market participants are awaiting a directional catalyst before adjusting their exposure.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.634, marginally lower than yesterday’s 0.672. The drop in PCR reflects a slight tilt toward call‑option buying relative to puts, though the ratio remains below 1, indicating a modest bullish bias in option‑related positioning.

Futures OI

Futures open interest for this expiry registers zero change, confirming that the net number of contracts held by traders is unchanged. The stagnant futures OI, together with flat spot pricing, reinforces the view that participants are not actively building or unwinding futures positions at this moment.

Data Summary

The headline figure for the current expiry is a total OI of 21,98,400 contracts, with call OI at 13,94,400 and put OI unchanged, underscoring a steady‑state market environment.