Waaree Energies Sees Sharp Open Interest Surge Amidst Weak Price Momentum

Open Interest and Volume Dynamics

On 2 January 2026, Waaree Energies recorded an open interest (OI) of 5,287 contracts in its futures and options, up sharply from 4,047 contracts the previous day, marking an increase of 1,240 contracts or 30.64%. This rise in OI was accompanied by a futures volume of 3,301 contracts, indicating active trading interest. The futures value stood at approximately ₹5,228.05 lakhs, while the options segment exhibited a substantial notional value of ₹1,254.81 crores, culminating in a total derivatives value of ₹5,442.19 lakhs. The underlying stock price was ₹2,915 at the time.

Such a pronounced increase in open interest typically reflects fresh positions being established rather than existing ones being…

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