Disclaimer: This content is for educational purposes only, based on data as of 12:15 PM IST on April 8, 2025. This is not financial advice. Trading involves risks. Always do your own analysis and manage risk before trading.
Welcome to today’s F&O Insights! We’re breaking down Futures & Options (F&O) data to help you spot market trends, whether you’re just starting or sharpening your skills.
Section 1: Understanding Stock Activity Through OI Changes
Here’s what’s moving in key stocks based on price changes and Open Interest (OI) shifts.
| Underlying | Price | Change | Call OI Chg | Put OI Chg | Call Explanation | Put Explanation |
|---|---|---|---|---|---|---|
| BAJFINANCE | 8,797.95 | 2.68% | 297 | 1191 | Long Buildup | Long Buildup |
| M&M | 2,511.00 | 0.77% | 3497 | -61 | Long Buildup | Short Covering |
| INFY | 1,444.00 | 3.38% | 569 | -144 | Long Buildup | Short Covering |
| RELIANCE | 1,181.95 | 1.39% | 6013 | 1574 | Long Buildup | Long Buildup |
| SBIN | 766.65 | 2.64% | 2081 | 1526 | Long Buildup | Long Buildup |
| TITAN | 3,147.85 | 4.16% | 1868 | 1937 | Long Buildup | Long Buildup |
| TCS | 3,323.00 | 1.50% | 3902 | 1853 | Long Buildup | Long Buildup |
What Do These Terms Mean?
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Long Buildup: OI rises with price moving favorably—up for calls (bullish) or down for puts (bearish). Traders are buying options, expecting that direction.
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Short Buildup: OI rises, but price moves against buyers—down for calls (bearish) or up for puts (bullish). Suggests option selling.
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Short Covering: OI drops with price rising (for calls) or falling (for puts). Short sellers buy back options, fueling the move.
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Long Unwinding: OI drops with price falling (for calls) or rising (for puts). Long holders exit, signaling doubt.
Quick Take: Long Buildup with Short Covering (e.g., M&M, INFY) often signals strong bullish momentum—watch for breakouts!
Section 2: Spotlight on High-Activity Options
These options show significant trading volume relative to OI, highlighting strikes traders are targeting.
| Contract | Volume/OI Ratio | Explanation | VOLUME | OI | IV |
|---|---|---|---|---|---|
| BAJFINANCE 8800 CE 24 Apr 2025 | 4.82 | Long Buildup (Bullish) | 10262 | 2129 | 30.43 |
| BAJFINANCE 8700 PE 24 Apr 2025 | 2.65 | Short Buildup (Bullish) | 3838 | 1446 | 35.46 |
| INFY 1440 CE 24 Apr 2025 | 3.21 | Long Buildup (Bullish) | 5051 | 1574 | 41.05 |
| INFY 1420 PE 24 Apr 2025 | 2.65 | Short Buildup (Bullish) | 2818 | 1063 | 44.03 |
| M&M 2550 CE 24 Apr 2025 | 4.85 | Short Buildup (Bearish) | 5382 | 1109 | 40.07 |
| M&M 2450 PE 24 Apr 2025 | 2.92 | Short Buildup (Bullish) | 3271 | 1121 | 42.87 |
| RELIANCE 1170 CE 24 Apr 2025 | 3.52 | Short Buildup (Bearish) | 4978 | 1413 | 29.28 |
| RELIANCE 1170 PE 24 Apr 2025 | 3.48 | Short Buildup (Bullish) | 4714 | 1355 | 33.06 |
| SBIN 760 PE 24 Apr 2025 | 3.28 | Short Buildup (Bullish) | 7670 | 2337 | 30.89 |
| SBIN 770 CE 24 Apr 2025 | 2.76 | Long Buildup (Bullish) | 9444 | 3420 | 29.24 |
| TCS 3300 CE 24 Apr 2025 | 3.33 | Short Buildup (Bearish) | 8616 | 2591 | 34.27 |
| TCS 3400 CE 24 Apr 2025 | 2.02 | Short Buildup (Bearish) | 6334 | 3131 | 34.01 |
| TITAN 3200 CE 24 Apr 2025 | 5.64 | Long Buildup (Bullish) | 19937 | 3536 | 29.47 |
| TITAN 3100 PE 24 Apr 2025 | 4.07 | Short Buildup (Bullish) | 8418 | 2067 | 31.85 |
How to Understand Volume/OI Ratio
- What It Is: Compares today’s trading volume to existing OI. A higher ratio means more new trades.
- What It Suggests:
- Above 2: Notable interest—traders see this strike as key (e.g., TCS’s 3.33 at 3300 CE).
- Above 5: Strong activity, often tied to big expectations (e.g., TITAN’s 5.64 at 3200 CE).
- Below 1: Quiet—positions are likely being held or closed.
- Why It Matters: High ratios highlight “hot” strikes—potential support or resistance zones.
Final Thoughts
F&O data lights the way—OI shifts show bullish momentum, and high Volume/OI Ratios (like TITAN’s 5.64) spotlight key action. Finance, IT, and consumer goods are driving gains, with mixed signals elsewhere. Pair these clues with charts to catch the upswing!
Happy trading—see you next time!
Disclaimer: This content is for educational purposes only, based on data as of 12:15 PM IST on April 8, 2025. This is not financial advice. Trading involves risks. Always do your own analysis and manage risk before trading.