Varun Beverages Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current open‑interest (OI) landscape shows a neutral buildup, meaning price movement is flat while OI remains unchanged. With the spot price static at ₹407.6 and total OI stable at 3,10,64,100 contracts, there is no discernible dominance of long or short participants. This equilibrium suggests that neither bullish nor bearish positioning is intensifying for this expiry.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.579, marginally lower than yesterday’s 0.60, indicating a slight tilt toward call‑option demand relative to puts. The day‑over‑day dip reflects a modest reduction in protective put buying or an increase in speculative call buying, without a dramatic shift in market sentiment.

Futures OI

Futures open interest registers zero change, with the OI level remaining flat at 0 contracts for the day. Such a static futures OI implies that market participants are not adding new speculative exposure nor unwinding existing positions in the underlying index for this expiry.

Data Summary

The key takeaway is a stable total OI of 3,10,64,100 contracts alongside a neutral buildup, reinforcing a balanced positioning environment as of 2026‑09‑04. Investors appear to be awaiting further market catalysts before committing additional capital, keeping the open‑interest profile largely unchanged. Consequently, the expiry remains a focal point for monitoring any shifts in volatility or macro‑economic data releases significantly today.