What is Put-Call Ratio (PCR) and how do I interpret it?

PCR is the ratio of total Put Open Interest to Call Open Interest. High PCR (>1.2) indicates bullish sentiment as more puts provide support. Low PCR (<0.8) indicates bearish sentiment as more calls provide resistance. Neutral PCR (0.8-1.2) shows balanced market sentiment.

What is COI PCR and how is it different from regular PCR?

COI PCR (Change in OI PCR) measures the ratio of intraday Put OI change to Call OI change. Unlike regular PCR which uses total accumulated OI, COI PCR uses only today's changes, making it more responsive and valuable for intraday traders.

What is COI Strength and how do I use it?

COI Strength = (PE COI - CE COI) / (|PE COI| + |CE COI|). This normalized indicator measures directional bias on a scale from -1 to +1. Values > 0.3 indicate bullish sentiment, < -0.3 indicate bearish sentiment, and -0.3 to 0.3 indicate neutral activity.

How often does PCR data update?

PCR data updates based on the selected interval. 1 Minute interval provides real-time intraday tracking with updates every minute during market hours. 1 Day interval shows end-of-day PCR values for historical analysis.

What do negative PCR values mean?

Negative PCR occurs when Call OI Change is negative while Put OI is also negative, or vice versa. Common scenarios include: PE > 0 and CE 0 (strong bearish), or both negative (neutral, low conviction). Use COI Strength for clearer signals in these cases.

How do I use PCR with price action?

Combine PCR with price for better signals. Use divergence trading when price and PCR move opposite. Look for confirmation when price and PCR align. Watch for extreme COI Strength values at support/resistance for reversal signals. Monitor sudden COI Strength shifts as they often precede intraday trend changes.

BANKBARODA

Q: What is COI PCR and how is it different from regular PCR?

COI PCR (Change in OI PCR) measures the ratio of intraday Put OI change to Call OI change. Unlike regular PCR which uses total accumulated OI, COI PCR uses only today's changes, making it more responsive and valuable for intraday traders.

Q: What is COI Strength and how do I use it?

COI Strength = (PE COI - CE COI) / (|PE COI| + |CE COI|). This normalized indicator measures directional bias on a scale from -1 to +1. Values > 0.3 indicate bullish sentiment, < -0.3 indicate bearish sentiment, and -0.3 to 0.3 indicate neutral activity.

Q: How often does PCR data update?

PCR data updates based on the selected interval. 1 Minute interval provides real-time intraday tracking with updates every minute during market hours. 1 Day interval shows end-of-day PCR values for historical analysis.

Q: What do negative PCR values mean?

Negative PCR occurs when Call OI Change is negative while Put OI is also negative, or vice versa. Common scenarios include: PE > 0 and CE 0 (strong bearish), or both negative (neutral, low conviction). Use COI Strength for clearer signals in these cases.

Bank Of Baroda

287.55 -0.05 (-0.02%)

L: 287 H: 289.85

Put-Call Ratio - BANKBARODA

18 Dec 2025 09:27 AM IST

Live

Expiry

Put OI

12,289

Call OI

15,287

PCR

0.80

Put OI Chg

86

Call OI Chg

20

COI PCR

4.30

COI Strength

0.62

Interval

On 9:28 BANKBARODA was trading at 287.65 with pcr value 0.8

Put-Call-Ratio Table

PCR Table Expiry

Note:- click on symbol to see more detailed view

	PCR OI			COI PCR
Symbol	Put	Call	Ratio	Put	Call	Ratio
360ONE	2,111	3,590	0.59	-31	160	-0.19
ABB	5,154	6,794	0.76	-16	146	-0.11
ABCAPITAL	4,917	8,102	0.61	-18	10	-1.80
ADANIENSOL	3,341	5,832	0.57	-2	10	-0.20
ADANIENT	26,144	44,263	0.59	-21	303	-0.07
ADANIGREEN	10,152	19,462	0.52	-9	117	-0.08
ADANIPORTS	9,148	18,936	0.48	10	115	0.09
ALKEM	1,283	1,936	0.66	78	23	3.39
AMBER	7,029	11,225	0.63	-5	96	-0.05
AMBUJACEM	8,462	10,937	0.77	-9	57	-0.16
ANGELONE	7,596	19,409	0.39	86	39	2.21
APLAPOLLO	2,401	2,873	0.84	23	-165	-0.14
APOLLOHOSP	6,847	18,654	0.37	32	6	5.33
ASHOKLEY	12,329	12,707	0.97	36	145	0.25
ASIANPAINT	16,969	34,050	0.50	27	42	0.64
ASTRAL	4,103	8,085	0.51	15	2	7.50
AUBANK	6,504	8,067	0.81	-1	35	-0.03
AUROPHARMA	4,543	10,635	0.43	62	96	0.65
AXISBANK	23,709	53,919	0.44	52	-68	-0.76
BAJAJ-AUTO	14,622	28,805	0.51	1	477	0.00
BAJAJFINSV	14,062	21,592	0.65	25	93	0.27
BAJFINANCE	23,883	40,867	0.58	-17	-57	0.30
BANDHANBNK	7,630	11,378	0.67	0	0	0.00
BANKBARODA	12,289	15,287	0.80	86	20	4.30
BANKINDIA	3,542	5,074	0.70	7	20	0.35
BDL	8,505	21,839	0.39	-36	-127	0.28
BEL	26,592	60,886	0.44	4	53	0.08
BHARATFORG	4,302	7,085	0.61	9	110	0.08
BHARTIARTL	19,190	39,028	0.49	76	16	4.75
BHEL	8,849	18,910	0.47	5	145	0.03
BIOCON	6,377	12,557	0.51	49	-13	-3.77
BLUESTARCO	1,578	2,226	0.71	0	-44	0.00
BOSCHLTD	1,620	3,504	0.46	-6	14	-0.43
BPCL	5,517	9,309	0.59	32	-148	-0.22
BRITANNIA	6,439	10,316	0.62	149	483	0.31
BSE	17,841	36,524	0.49	30	-560	-0.05
CAMS	4,895	7,803	0.63	86	170	0.51
CANBK	12,348	15,595	0.79	9	311	0.03
CDSL	9,784	23,609	0.41	27	-20	-1.35
CGPOWER	4,736	10,983	0.43	-24	27	-0.89
CHOLAFIN	6,685	9,128	0.73	87	39	2.23
CIPLA	10,025	15,402	0.65	36	-142	-0.25
COALINDIA	12,975	13,191	0.98	7	-21	-0.33
COFORGE	8,891	19,619	0.45	60	-239	-0.25
COLPAL	8,013	13,634	0.59	76	488	0.16
CONCOR	7,823	10,433	0.75	-5	9	-0.56
CROMPTON	6,220	12,037	0.52	33	-2	-16.50
CUMMINSIND	3,825	5,319	0.72	-10	59	-0.17
CYIENT	2,372	3,559	0.67	2	87	0.02
DABUR	6,267	11,737	0.53	8	46	0.17
DALBHARAT	2,893	3,968	0.73	20	29	0.69
DELHIVERY	4,013	6,472	0.62	-4	12	-0.33
DIVISLAB	6,699	9,475	0.71	73	39	1.87
DIXON	35,629	68,481	0.52	294	634	0.46
DLF	16,743	26,294	0.64	82	44	1.86
DMART	6,930	15,661	0.44	-58	263	-0.22
DRREDDY	5,123	10,634	0.48	0	18	0.00
EICHERMOT	11,005	15,714	0.70	-144	300	-0.48
ETERNAL	19,094	37,309	0.51	77	131	0.59
EXIDEIND	4,224	6,080	0.69	40	59	0.68
FEDERALBNK	8,247	8,294	0.99	9	13	0.69
FORTIS	3,622	8,405	0.43	2	-12	-0.17
GAIL	13,479	20,255	0.67	27	-17	-1.59
GLENMARK	7,839	10,976	0.71	-11	58	-0.19
GMRAIRPORT	10,947	20,197	0.54	18	142	0.13
GODREJCP	3,685	5,921	0.62	-11	93	-0.12
GODREJPROP	7,015	11,902	0.59	-12	27	-0.44
GRASIM	9,468	8,712	1.09	-4	97	-0.04
HAL	28,214	57,280	0.49	106	-40	-2.65
HAVELLS	3,692	5,060	0.73	0	10	0.00
HCLTECH	11,374	20,144	0.56	33	-241	-0.14
HDFCAMC	6,161	7,947	0.78	577	824	0.70
HDFCBANK	42,845	74,044	0.58	293	148	1.98
HDFCLIFE	7,168	17,376	0.41	-1	43	-0.02
HEROMOTOCO	13,583	26,551	0.51	949	3,807	0.25
HFCL	4,903	11,951	0.41	-21	83	-0.25
HINDALCO	15,332	21,006	0.73	89	57	1.56
HINDPETRO	4,018	7,136	0.56	21	124	0.17
HINDUNILVR	9,972	20,654	0.48	16	-29	-0.55
HINDZINC	25,925	38,519	0.67	378	473	0.80
HUDCO	6,255	14,551	0.43	-9	-6	1.50
ICICIBANK	32,717	54,177	0.60	76	99	0.77
ICICIGI	3,095	6,037	0.51	-4	12	-0.33
ICICIPRULI	2,183	4,901	0.45	0	1	0.00
IDEA	15,055	24,922	0.60	-18	57	-0.32
IDFCFIRSTB	9,679	12,519	0.77	-1	-66	0.02
IEX	8,390	11,502	0.73	9	26	0.35
IIFL	2,706	4,486	0.60	4	10	0.40
INDHOTEL	6,074	10,467	0.58	44	14	3.19
INDIANB	4,844	12,223	0.40	2	32	0.06
INDIGO	49,887	1,05,223	0.47	181	-456	-0.40
INDUSINDBK	13,014	19,045	0.68	-11	227	-0.05
INDUSTOWER	8,720	15,189	0.57	-57	-109	0.52
INFY	41,724	64,535	0.65	2,383	860	2.77
INOXWIND	6,772	13,921	0.49	7	35	0.20
IOC	7,966	11,861	0.67	54	-223	-0.24
IRCTC	7,621	11,045	0.69	-26	13	-2.00
IREDA	5,073	10,291	0.49	4	29	0.14
IRFC	4,666	9,578	0.49	21	28	0.75
ITC	21,794	35,176	0.62	52	-43	-1.21
JINDALSTEL	5,521	9,299	0.59	12	88	0.14
JIOFIN	17,817	26,410	0.67	76	1	76.00
JSWENERGY	10,085	15,037	0.67	-16	-42	0.38
JSWSTEEL	12,415	29,090	0.43	-21	-10	2.10
JUBLFOOD	6,163	10,807	0.57	261	-58	-4.50
KALYANKJIL	4,674	9,308	0.50	20	110	0.18
KAYNES	31,440	77,856	0.40	593	791	0.75
KEI	2,543	3,881	0.66	-45	1	-45.00
KFINTECH	4,248	6,270	0.68	62	-327	-0.19
KOTAKBANK	17,853	21,419	0.83	-52	87	-0.60
KPITTECH	3,800	6,660	0.57	9	84	0.11
LAURUSLABS	5,224	9,794	0.53	26	114	0.23
LICHSGFIN	7,612	9,701	0.78	2	-1	-2.00
LICI	5,904	12,205	0.48	-39	89	-0.44
LODHA	4,722	12,265	0.38	22	-29	-0.76
LT	17,948	32,047	0.56	-31	443	-0.07
LTF	5,135	8,063	0.64	13	39	0.33
LTIM	4,624	6,095	0.76	99	304	0.33
LUPIN	5,221	7,008	0.75	22	141	0.16
M&M	16,577	33,618	0.49	-112	1,358	-0.08
MANAPPURAM	3,798	5,551	0.68	7	-44	-0.16
MANKIND	2,453	5,183	0.47	14	10	1.40
MARICO	3,169	5,219	0.61	-1	-9	0.11
MARUTI	28,558	31,866	0.90	-768	333	-2.31
MAXHEALTH	6,864	13,196	0.52	27	-91	-0.30
MAZDOCK	10,188	23,187	0.44	308	-49	-6.29
MCX	15,397	24,477	0.63	186	159	1.17
MFSL	2,367	4,492	0.53	5	21	0.24
MOTHERSON	7,270	9,275	0.78	-97	-13	7.46
MPHASIS	3,565	5,030	0.71	4	238	0.02
MUTHOOTFIN	5,692	10,940	0.52	-82	-15	5.47
NATIONALUM	6,625	8,341	0.79	-13	95	-0.14
NAUKRI	6,012	7,258	0.83	2	38	0.05
NBCC	3,261	8,570	0.38	1	112	0.01
NCC	3,688	8,798	0.42	5	24	0.21
NESTLEIND	4,364	14,254	0.31	-7	32	-0.22
NHPC	3,163	7,027	0.45	1	-15	-0.07
NMDC	10,093	13,868	0.73	-5	13	-0.38
NTPC	13,631	22,666	0.60	-383	137	-2.80
NUVAMA	2,703	4,564	0.59	183	439	0.42
NYKAA	2,825	6,967	0.41	46	-4	-11.50
OBEROIRLTY	3,612	5,836	0.62	29	12	2.42
OFSS	6,457	10,359	0.62	36	154	0.23
OIL	2,563	4,979	0.51	0	-7	0.00
ONGC	10,908	26,855	0.41	-36	62	-0.58
PAGEIND	3,507	8,456	0.41	19	-154	-0.12
PATANJALI	4,241	8,783	0.48	13	-114	-0.11
PAYTM	7,835	14,541	0.54	4	231	0.02
PERSISTENT	6,601	11,496	0.57	112	105	1.07
PETRONET	8,965	8,494	1.06	65	22	2.95
PFC	21,039	35,018	0.60	70	145	0.48
PGEL	7,887	12,459	0.63	-2	9	-0.22
PHOENIXLTD	1,770	3,605	0.49	24	-42	-0.57
PIDILITIND	1,904	2,672	0.71	1	6	0.17
PIIND	3,537	5,811	0.61	4	8	0.50
PNB	11,647	20,948	0.56	45	90	0.50
PNBHOUSING	7,074	11,422	0.62	0	19	0.00
POLICYBZR	5,904	9,420	0.63	84	-53	-1.58
POLYCAB	5,477	8,580	0.64	-106	59	-1.80
POWERGRID	10,594	17,277	0.61	-4	-25	0.16
POWERINDIA	3,915	10,530	0.37	9	187	0.05
PPLPHARMA	3,002	7,048	0.43	0	-51	0.00
PRESTIGE	2,788	4,357	0.64	19	8	2.38
RBLBANK	4,878	8,273	0.59	4	23	0.17
RECLTD	22,109	35,053	0.63	-20	36	-0.56
RELIANCE	50,464	97,386	0.52	90	445	0.20
RVNL	6,217	13,198	0.47	-32	29	-1.10
SAIL	5,879	10,447	0.56	16	26	0.62
SAMMAANCAP	8,447	13,934	0.61	-77	-45	1.71
SBICARD	4,963	7,865	0.63	46	-20	-2.30
SBILIFE	5,373	11,345	0.47	-20	-28	0.71
SBIN	41,845	60,811	0.69	118	437	0.27
SHREECEM	2,308	5,363	0.43	23	-26	-0.88
SHRIRAMFIN	14,366	24,675	0.58	190	66	2.88
SIEMENS	9,047	18,179	0.50	53	444	0.12
SOLARINDS	4,364	11,145	0.39	208	158	1.32
SONACOMS	2,559	5,893	0.43	3	33	0.09
SRF	7,197	9,729	0.74	32	70	0.46
SUNPHARMA	7,216	20,735	0.35	501	124	4.08
SUPREMEIND	4,241	7,232	0.59	22	29	0.76
SUZLON	10,105	24,896	0.41	15	-127	-0.12
SYNGENE	1,442	3,077	0.47	3	7	0.43
TATACONSUM	5,290	10,017	0.53	1	14	0.07
TATAELXSI	5,573	15,400	0.36	69	1	69.00
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	19,226	27,230	0.71	-25	147	-0.17
TATASTEEL	15,676	26,411	0.59	-44	132	-0.33
TATATECH	4,741	7,630	0.62	-60	53	-1.13
TCS	37,933	49,440	0.77	440	309	1.42
TECHM	8,003	10,383	0.77	298	100	2.98
TIINDIA	4,669	7,843	0.60	4	43	0.09
TITAGARH	2,628	5,478	0.48	38	247	0.15
TITAN	12,953	20,891	0.62	-16	-33	0.48
TMPV	41,834	88,372	0.47	1,071	2,151	0.50
TORNTPHARM	1,161	2,599	0.45	8	5	1.60
TORNTPOWER	1,856	3,343	0.56	-2	54	-0.04
TRENT	26,708	51,544	0.52	-21	-109	0.19
TVSMOTOR	9,717	9,769	0.99	185	251	0.74
ULTRACEMCO	11,260	19,571	0.58	-26	120	-0.22
UNIONBANK	5,498	8,313	0.66	1	10	0.10
UNITDSPR	8,291	9,737	0.85	49	0	0.00
UNOMINDA	2,820	5,063	0.56	-4	16	-0.25
UPL	4,797	6,971	0.69	-41	82	-0.50
VBL	9,774	23,296	0.42	-46	42	-1.10
VEDL	39,919	42,930	0.93	196	-78	-2.51
VOLTAS	6,476	7,479	0.87	290	-746	-0.39
WIPRO	11,380	13,801	0.82	444	-141	-3.15
YESBANK	6,425	13,093	0.49	-8	65	-0.12
ZYDUSLIFE	3,349	4,685	0.71	4	-12	-0.33

Understanding PCR & COI Metrics

PCR (Put-Call Ratio)

PCR = Put OI / Call OI

> 1.2

Bullish

More puts than calls, potential support

0.8 - 1.2

Neutral

Balanced market sentiment

< 0.8

Bearish

More calls than puts, potential resistance

COI Strength

COI Strength = (PE COI - CE COI) / (|PE| + |CE|)

> 0.3

Bullish

Strong put buildup dominance

-0.3 to 0.3

Neutral

Balanced intraday activity

< -0.3

Bearish

Strong call buildup dominance

Frequently Asked Questions

PCR is the ratio of total Put Open Interest to Call Open Interest. It's a contrarian indicator of market sentiment:

High PCR (>1.2): More traders are holding puts, expecting a decline. However, this often acts as support (bullish) as market makers hedge by buying the underlying.
Low PCR (<0.8): More traders are holding calls, expecting a rise. This often acts as resistance (bearish) as market makers hedge by selling the underlying.
Neutral PCR (0.8-1.2): Balanced sentiment with no strong directional bias.

Remember: PCR is contrarian - extreme readings often signal reversals rather than continuation.

COI PCR (Change in OI PCR) measures the ratio of intraday Put OI change to Call OI change, making it more responsive than total OI PCR.

Key Differences:

Regular PCR: Uses total accumulated Open Interest. Shows overall market positioning but changes slowly.
COI PCR: Uses only today's OI changes. Captures fresh positioning and provides timely intraday signals.

Use Case: COI PCR helps identify intraday sentiment shifts before they reflect in total PCR, making it valuable for day traders and short-term positions.

COI Strength = (PE COI - CE COI) / (|PE COI| + |CE COI|)

This normalized indicator measures the directional bias of intraday Open Interest changes on a scale from -1 to +1:

> 0.3 (Bullish): Put side dominance - fresh put writing or buying suggests bullish positioning.
-0.3 to 0.3 (Neutral): Balanced activity on both sides - no clear directional conviction.
< -0.3 (Bearish): Call side dominance - fresh call writing or buying suggests bearish positioning.

Advantages over PCR:

Normalized scale (-1 to +1) makes comparison across symbols easier
Not affected by extreme ratios when one side is very small
Clearly shows which side has stronger intraday momentum

PCR data updates based on the selected interval:

1 Minute Interval: Updates every minute during market hours, providing real-time intraday tracking.
1 Day Interval: Shows end-of-day PCR values for historical analysis and trend identification.

Note: OI data comes from the exchange and may have a slight delay. Premium users get access to faster refresh rates and more granular intervals.

Negative PCR occurs when Call OI Change is negative (unwinding) while Put OI Change is also negative, or vice versa.

Common Scenarios:

PE > 0, CE < 0: Puts building, Calls unwinding → Strong bullish signal
PE < 0, CE > 0: Puts unwinding, Calls building → Strong bearish signal
Both negative: Both sides unwinding → Low conviction, neutral to ranging market

Tip: When PCR becomes negative or very large, use COI Strength instead - it handles these edge cases better and provides clearer directional signals.

Best Practices for Combining PCR with Price:

Divergence Trading: If price is falling but COI PCR shows put buildup (>1.2), it may signal a bounce. If price is rising but COI PCR shows call buildup (<0.8), it may signal resistance.
Confirmation: Use PCR to confirm price trends. Rising prices with increasing calls or falling prices with increasing puts suggests trend continuation.
Extremes: Very high COI Strength (>0.6 or <-0.6) combined with price at support/resistance can signal strong reversals.
Intraday Pivots: Watch for sudden COI Strength shifts (e.g., from +0.5 to -0.3) as they often precede intraday trend changes.

Remember: PCR is a sentiment indicator, not a timing tool. Always combine with technical analysis, support/resistance levels, and risk management.

Related Pages for BANKBARODA

BANKBARODA

360ONE

ABB

ABCAPITAL

ADANIENSOL

ADANIENT

ADANIGREEN

ADANIPORTS

ALKEM

AMBER

AMBUJACEM

ANGELONE

APLAPOLLO

APOLLOHOSP

ASHOKLEY

ASIANPAINT

ASTRAL

AUBANK

AUROPHARMA

AXISBANK

BAJAJ-AUTO

BAJAJFINSV

BAJFINANCE

BANDHANBNK

BANKBARODA

BANKEX

BANKINDIA

BANKNIFTY

BDL

BEL

BHARATFORG

BHARTIARTL

BHEL

BIOCON

BLUESTARCO

BOSCHLTD

BPCL

BRITANNIA

BSE

CAMS

CANBK

CDSL

CGPOWER

CHOLAFIN

CIPLA

COALINDIA

COFORGE

COLPAL

CONCOR

COPPER

CROMPTON

CRUDEOIL

CRUDEOILM

CUMMINSIND

CYIENT

DABUR

DALBHARAT

DELHIVERY

DIVISLAB

DIXON

DLF

DMART

DRREDDY

EICHERMOT

ETERNAL

EURINR

EURUSD

EXIDEIND

FEDERALBNK

FINNIFTY

FORTIS

GAIL

GBPINR

GBPUSD

GLENMARK

GMRAIRPORT

GODREJCP

GODREJPROP

GOLD