In the last completed session, Oil & Natural Gas Corporation Ltd. closed +1.03% with futures open interest moving -2.9%. That combination — price rising while OI shrinks — is classified as Short Covering. It typically reflects existing short sellers closing positions, not fresh buying. Short-covering rallies can be sharp but tend to fade without follow-through demand. The stock's option PCR sits at 0.46, indicating heavy call-side writing — option dealers see resistance overhead. Max-pain strike at ₹278 sits 3.6% above the current price, a mild magnet near expiry.
There have been no notable bulk or block deals from FIIs, mutual funds, or insurance companies in Oil & Natural Gas Corporation Ltd. over the last 30 sessions.
Putting it together, the smart-money picture for Oil & Natural Gas Corporation Ltd. suggests upside momentum is building.
Fundamental ratios sourced from public market data, refreshed periodically; verify against company filings before relying on them.
| Call OI (writers) | Strike | Put OI (writers) |
|---|---|---|
|
IV 157%
Δ 0.64
θ -0.8
ν 0
|
252 |
IV 23%
Δ -0.14
θ -0.1
ν 0
|
|
IV 15%
Δ 0.91
θ -0.1
ν 0
|
255 |
IV 22%
Δ -0.18
θ -0.1
ν 0
|
|
IV 26%
Δ 0.75
θ -0.1
ν 0
|
258 |
IV 22%
Δ -0.22
θ -0.1
ν 0
|
|
IV 27%
Δ 0.69
θ -0.2
ν 0
|
260 |
IV 22%
Δ -0.27
θ -0.1
ν 0
|
|
IV 26%
Δ 0.65
θ -0.2
ν 0
|
262 |
IV 21%
Δ -0.33
θ -0.1
ν 0
|
|
IV 26%
Δ 0.60
θ -0.2
ν 0
|
265 |
IV 22%
Δ -0.39
θ -0.1
ν 0
|
|
IV 25%
Δ 0.55
θ -0.2
ν 0
|
268 |
IV 21%
Δ -0.45
θ -0.1
ν 0
|
|
IV 25%
Δ 0.49
θ -0.2
ν 0
|
270 |
IV 21%
Δ -0.51
θ -0.1
ν 0
|
|
IV 25%
Δ 0.44
θ -0.1
ν 0
|
272 |
IV 21%
Δ -0.58
θ -0.1
ν 0
|
|
IV 26%
Δ 0.39
θ -0.1
ν 0
|
275 |
IV 21%
Δ -0.64
θ -0.1
ν 0
|
|
IV 26%
Δ 0.34
θ -0.1
ν 0
|
278 MP |
IV 21%
Δ -0.69
θ -0.1
ν 0
|
|
IV 26%
Δ 0.30
θ -0.1
ν 0
|
280 S |
IV 20%
Δ -0.76
θ -0.0
ν 0
|
|
IV 27%
Δ 0.26
θ -0.1
ν 0
|
282 |
IV 32%
Δ -0.70
θ -0.1
ν 0
|