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.

COLPAL

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.

Colgate Palmolive Ltd.

2158.9 +12.50 (0.58%)

L: 2137 H: 2173.3

Put-Call Ratio - COLPAL

09 Dec 2025 04:11 PM IST Market Closed

Expiry

Put OI

6,228

Call OI

8,308

PCR

0.75

Put OI Chg

-58

Call OI Chg

251

COI PCR

-0.23

COI Strength

-1.00

Interval

On 9:30 COLPAL was trading at 2148.7 with pcr value 0.56

On 9:45 COLPAL was trading at 2143 with pcr value 0.64

On 10:00 COLPAL was trading at 2142 with pcr value 0.7

On 10:15 COLPAL was trading at 2150 with pcr value 0.79

On 10:30 COLPAL was trading at 2152.5 with pcr value 0.77

On 10:45 COLPAL was trading at 2153.1 with pcr value 0.78

On 11:00 COLPAL was trading at 2147.8 with pcr value 0.78

On 11:15 COLPAL was trading at 2157.3 with pcr value 0.78

On 11:30 COLPAL was trading at 2158 with pcr value 0.77

On 11:45 COLPAL was trading at 2155 with pcr value 0.77

On 12:00 COLPAL was trading at 2152.3 with pcr value 0.76

On 12:15 COLPAL was trading at 2159 with pcr value 0.76

On 12:30 COLPAL was trading at 2161 with pcr value 0.76

On 12:45 COLPAL was trading at 2158.7 with pcr value 0.75

On 13:00 COLPAL was trading at 2153.9 with pcr value 0.75

On 13:15 COLPAL was trading at 2156.6 with pcr value 0.75

On 13:30 COLPAL was trading at 2161.9 with pcr value 0.75

On 13:45 COLPAL was trading at 2162.7 with pcr value 0.76

On 14:00 COLPAL was trading at 2160 with pcr value 0.76

On 14:15 COLPAL was trading at 2156.4 with pcr value 0.76

On 14:30 COLPAL was trading at 2153.9 with pcr value 0.76

On 14:45 COLPAL was trading at 2154.1 with pcr value 0.76

On 15:00 COLPAL was trading at 2150 with pcr value 0.75

On 15:15 COLPAL was trading at 2155.8 with pcr value 0.76

On 15:30 COLPAL was trading at 2158.1 with pcr value 0.76

On 15:45 COLPAL was trading at 2158.9 with pcr value 0.75

On 16:00 COLPAL was trading at 2158.9 with pcr value 0.75

On 16:12 COLPAL was trading at 2158.9 with pcr value 0.75

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	1,542	3,032	0.51	106	57	1.86
ABB	4,274	6,155	0.69	-111	-116	0.96
ABCAPITAL	4,752	6,315	0.75	509	359	1.42
ADANIENSOL	2,743	5,022	0.55	78	-15	-5.20
ADANIENT	25,091	42,760	0.59	180	-472	-0.38
ADANIGREEN	9,334	19,920	0.47	188	653	0.29
ADANIPORTS	9,415	17,145	0.55	-69	-368	0.19
ALKEM	685	1,169	0.59	28	-59	-0.47
AMBER	6,367	12,141	0.52	107	-378	-0.28
AMBUJACEM	8,147	11,568	0.70	-204	-115	1.77
ANGELONE	8,364	18,777	0.45	173	407	0.43
APLAPOLLO	1,558	1,984	0.79	-1	-77	0.01
APOLLOHOSP	6,161	13,062	0.47	-11	89	-0.12
ASHOKLEY	9,738	12,192	0.80	-471	455	-1.04
ASIANPAINT	18,270	29,998	0.61	2,211	9,114	0.24
ASTRAL	3,556	6,064	0.59	204	183	1.11
AUBANK	5,650	5,837	0.97	1,026	795	1.29
AUROPHARMA	4,212	9,365	0.45	-130	181	-0.72
AXISBANK	13,514	28,505	0.47	18	2,871	0.01
BAJAJ-AUTO	14,507	26,109	0.56	306	-425	-0.72
BAJAJFINSV	12,143	19,083	0.64	31	1,412	0.02
BAJFINANCE	20,342	32,453	0.63	687	2,786	0.25
BANDHANBNK	8,006	12,027	0.67	-196	-225	0.87
BANKBARODA	11,774	14,217	0.83	-213	42	-5.07
BANKINDIA	2,763	4,286	0.64	190	1	190.00
BDL	7,661	16,383	0.47	500	963	0.52
BEL	25,062	55,818	0.45	-73	1,638	-0.04
BHARATFORG	3,822	5,722	0.67	22	-189	-0.12
BHARTIARTL	17,044	36,769	0.46	-66	2,713	-0.02
BHEL	8,994	19,215	0.47	518	-404	-1.28
BIOCON	6,023	12,997	0.46	-14	-284	0.05
BLUESTARCO	719	1,006	0.71	30	-10	-3.00
BOSCHLTD	1,268	2,271	0.56	30	46	0.65
BPCL	4,577	6,592	0.69	31	143	0.22
BRITANNIA	4,444	6,494	0.68	213	189	1.13
BSE	15,848	27,007	0.59	1,187	4,012	0.30
CAMS	4,115	7,717	0.53	21	158	0.13
CANBK	11,355	16,274	0.70	-604	281	-2.15
CDSL	9,566	19,954	0.48	359	667	0.54
CGPOWER	4,395	8,867	0.50	-277	-347	0.80
CHOLAFIN	3,036	5,283	0.57	-14	-48	0.29
CIPLA	10,270	14,729	0.70	444	762	0.58
COALINDIA	10,027	11,270	0.89	145	-832	-0.17
COFORGE	8,658	19,909	0.43	-249	3,128	-0.08
COLPAL	6,228	8,308	0.75	-58	251	-0.23
CONCOR	6,516	8,937	0.73	-115	-179	0.64
CROMPTON	5,860	9,958	0.59	35	-10	-3.50
CUMMINSIND	3,062	4,036	0.76	17	-27	-0.63
CYIENT	1,693	2,765	0.61	-55	-72	0.76
DABUR	4,304	7,672	0.56	45	119	0.38
DALBHARAT	1,454	2,637	0.55	36	0	0.00
DELHIVERY	4,075	5,747	0.71	669	-103	-6.50
DIVISLAB	5,906	9,068	0.65	81	581	0.14
DIXON	20,812	49,281	0.42	-87	2,780	-0.03
DLF	13,935	22,967	0.61	-150	54	-2.78
DMART	5,424	10,122	0.54	189	-360	-0.53
DRREDDY	4,790	9,926	0.48	-52	194	-0.27
EICHERMOT	9,704	12,682	0.77	60	34	1.76
ETERNAL	17,433	30,196	0.58	1,182	-496	-2.38
EXIDEIND	3,785	4,887	0.77	133	111	1.20
FEDERALBNK	7,084	8,044	0.88	907	523	1.73
FORTIS	3,066	8,480	0.36	31	264	0.12
GAIL	12,702	19,568	0.65	211	199	1.06
GLENMARK	8,388	11,173	0.75	294	-68	-4.32
GMRAIRPORT	9,342	17,843	0.52	331	933	0.35
GODREJCP	2,910	3,988	0.73	12	6	2.00
GODREJPROP	7,533	12,024	0.63	301	-2,762	-0.11
GRASIM	8,338	8,760	0.95	-2	-223	0.01
HAL	27,264	53,105	0.51	1,739	2,962	0.59
HAVELLS	3,415	3,930	0.87	-100	-405	0.25
HCLTECH	11,741	18,356	0.64	79	826	0.10
HDFCAMC	3,781	5,300	0.71	34	117	0.29
HDFCBANK	40,858	62,052	0.66	190	3,955	0.05
HDFCLIFE	6,564	14,861	0.44	63	1,792	0.04
HEROMOTOCO	12,769	16,913	0.75	-711	1,143	-0.62
HFCL	3,858	9,854	0.39	270	228	1.18
HINDALCO	14,063	19,304	0.73	-405	-223	1.82
HINDPETRO	3,997	6,116	0.65	74	272	0.27
HINDUNILVR	6,234	14,455	0.43	400	2,386	0.17
HINDZINC	8,762	15,680	0.56	-86	-768	0.11
HUDCO	6,187	12,553	0.49	264	602	0.44
ICICIBANK	29,337	42,401	0.69	-762	3,177	-0.24
ICICIGI	2,825	3,601	0.78	128	453	0.28
ICICIPRULI	1,879	2,965	0.63	79	-100	-0.79
IDEA	15,083	28,660	0.53	434	-667	-0.65
IDFCFIRSTB	8,807	13,625	0.65	-68	-1,075	0.06
IEX	8,166	12,119	0.67	37	402	0.09
IIFL	2,291	3,659	0.63	17	-178	-0.10
INDHOTEL	5,060	8,431	0.60	-88	-162	0.55
INDIANB	4,671	10,566	0.44	197	-65	-3.03
INDIGO	52,962	94,869	0.56	6,536	17,927	0.36
INDUSINDBK	11,833	17,134	0.69	-40	-290	0.14
INDUSTOWER	8,315	13,988	0.59	152	295	0.52
INFY	38,037	57,384	0.66	-2,144	-985	2.18
INOXWIND	6,441	12,526	0.51	175	523	0.33
IOC	5,326	10,225	0.52	56	203	0.28
IRCTC	6,235	10,542	0.59	71	-215	-0.33
IREDA	5,064	10,373	0.49	-92	-52	1.77
IRFC	4,104	8,429	0.49	377	-81	-4.65
ITC	23,875	32,425	0.74	-206	503	-0.41
JINDALSTEL	5,337	7,536	0.71	-53	-63	0.84
JIOFIN	18,234	25,003	0.73	258	1,043	0.25
JSWENERGY	8,133	17,907	0.45	-33	638	-0.05
JSWSTEEL	13,879	26,912	0.52	944	1,582	0.60
JUBLFOOD	3,441	5,760	0.60	-52	-32	1.63
KALYANKJIL	4,217	8,027	0.53	-169	490	-0.34
KAYNES	19,073	52,905	0.36	-1,178	-3,411	0.35
KEI	1,424	2,968	0.48	133	-136	-0.98
KFINTECH	3,957	6,160	0.64	507	110	4.61
KOTAKBANK	14,916	18,392	0.81	318	584	0.54
KPITTECH	2,653	4,945	0.54	319	57	5.60
LAURUSLABS	4,469	8,406	0.53	81	-12	-6.75
LICHSGFIN	7,197	8,561	0.84	-415	-909	0.46
LICI	5,953	10,098	0.59	178	540	0.33
LODHA	4,329	9,536	0.45	53	308	0.17
LT	17,059	29,478	0.58	470	2,054	0.23
LTF	4,939	7,370	0.67	-94	13	-7.23
LTIM	4,304	5,742	0.75	40	72	0.56
LUPIN	3,924	6,564	0.60	-147	-49	3.00
M&M	16,578	26,505	0.63	308	1,541	0.20
MANAPPURAM	3,021	5,145	0.59	47	29	1.62
MANKIND	2,052	3,843	0.53	19	202	0.09
MARICO	2,865	3,859	0.74	-64	118	-0.54
MARUTI	19,665	28,102	0.70	-866	1,633	-0.53
MAXHEALTH	5,289	10,115	0.52	212	34	6.24
MAZDOCK	9,569	18,052	0.53	88	450	0.20
MCX	13,640	17,964	0.76	-120	-948	0.13
MFSL	2,187	4,266	0.51	-55	-126	0.44
MOTHERSON	5,770	9,240	0.62	24	331	0.07
MPHASIS	3,187	4,203	0.76	141	231	0.61
MUTHOOTFIN	4,271	9,005	0.47	49	-419	-0.12
NATIONALUM	5,580	7,495	0.74	153	449	0.34
NAUKRI	5,459	7,108	0.77	-517	-162	3.19
NBCC	2,710	6,221	0.44	142	238	0.60
NCC	3,095	6,902	0.45	-8	124	-0.06
NESTLEIND	4,461	14,930	0.30	24	1,701	0.01
NHPC	2,829	5,586	0.51	-90	107	-0.84
NMDC	9,904	12,901	0.77	-81	88	-0.92
NTPC	13,333	21,669	0.62	-577	2,086	-0.28
NUVAMA	1,907	4,171	0.46	229	48	4.77
NYKAA	2,375	6,201	0.38	250	269	0.93
OBEROIRLTY	3,553	5,817	0.61	-13	-171	0.08
OFSS	4,335	6,800	0.64	-126	-189	0.67
OIL	1,758	3,592	0.49	103	167	0.62
ONGC	6,616	18,358	0.36	-99	1,064	-0.09
PAGEIND	2,959	6,521	0.45	-95	37	-2.57
PATANJALI	3,019	6,862	0.44	55	467	0.12
PAYTM	7,328	10,741	0.68	-38	118	-0.32
PERSISTENT	4,301	7,456	0.58	190	300	0.63
PETRONET	7,633	7,458	1.02	269	150	1.79
PFC	18,932	31,429	0.60	177	-93	-1.90
PGEL	8,476	12,259	0.69	463	-2,330	-0.20
PHOENIXLTD	1,370	2,653	0.52	-124	-107	1.16
PIDILITIND	1,693	2,167	0.78	-94	-90	1.04
PIIND	2,595	3,471	0.75	136	22	6.18
PNB	11,150	20,665	0.54	61	836	0.07
PNBHOUSING	3,749	5,081	0.74	163	77	2.12
POLICYBZR	4,385	5,404	0.81	778	-79	-9.85
POLYCAB	3,681	5,816	0.63	-103	-597	0.17
POWERGRID	8,757	14,129	0.62	6	328	0.02
POWERINDIA	4,405	11,396	0.39	-264	71	-3.72
PPLPHARMA	2,207	5,103	0.43	-45	75	-0.60
PRESTIGE	2,685	3,419	0.79	225	-508	-0.44
RBLBANK	3,936	6,938	0.57	89	64	1.39
RECLTD	20,192	30,732	0.66	-18	790	-0.02
RELIANCE	47,502	91,012	0.52	181	3,285	0.06
RVNL	6,491	12,120	0.54	-372	-1,922	0.19
SAIL	5,229	9,458	0.55	41	341	0.12
SAMMAANCAP	5,562	8,178	0.68	-35	-64	0.55
SBICARD	4,294	6,844	0.63	1	-6	-0.17
SBILIFE	4,480	8,017	0.56	-535	101	-5.30
SBIN	38,561	64,570	0.60	955	302	3.16
SHREECEM	1,002	2,193	0.46	-12	55	-0.22
SHRIRAMFIN	12,130	18,012	0.67	342	374	0.91
SIEMENS	5,122	12,351	0.41	479	1,339	0.36
SOLARINDS	3,367	7,465	0.45	15	296	0.05
SONACOMS	2,029	5,097	0.40	32	216	0.15
SRF	5,527	10,889	0.51	-194	-364	0.53
SUNPHARMA	6,003	13,928	0.43	167	270	0.62
SUPREMEIND	2,523	6,166	0.41	8	23	0.35
SUZLON	9,822	22,102	0.44	788	-5	-157.60
SYNGENE	1,291	2,518	0.51	-2	79	-0.03
TATACONSUM	4,261	8,603	0.50	-64	141	-0.45
TATAELXSI	4,226	11,682	0.36	41	804	0.05
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	18,307	26,379	0.69	216	-480	-0.45
TATASTEEL	15,262	34,115	0.45	482	2,414	0.20
TATATECH	4,112	6,913	0.59	-13	126	-0.10
TCS	35,980	46,219	0.78	-1,701	597	-2.85
TECHM	7,435	9,162	0.81	-212	378	-0.56
TIINDIA	3,478	5,454	0.64	704	182	3.87
TITAGARH	2,218	5,177	0.43	18	-13	-1.38
TITAN	11,415	19,783	0.58	690	1,305	0.53
TMPV	38,619	85,799	0.45	-331	2,439	-0.14
TORNTPHARM	1,120	2,050	0.55	37	32	1.16
TORNTPOWER	1,663	3,000	0.55	88	142	0.62
TRENT	24,606	42,086	0.58	2,291	3,283	0.70
TVSMOTOR	8,764	9,927	0.88	19	-218	-0.09
ULTRACEMCO	9,868	16,979	0.58	356	1,666	0.21
UNIONBANK	5,431	8,781	0.62	-292	-866	0.34
UNITDSPR	5,322	8,038	0.66	-93	-19	4.89
UNOMINDA	2,786	4,817	0.58	-22	80	-0.28
UPL	3,800	5,369	0.71	-272	-196	1.39
VBL	8,722	22,019	0.40	194	1,162	0.17
VEDL	20,102	34,092	0.59	571	531	1.08
VOLTAS	5,966	7,284	0.82	-89	-46	1.93
WIPRO	10,762	13,494	0.80	-232	258	-0.90
YESBANK	5,892	11,514	0.51	158	-255	-0.62
ZYDUSLIFE	2,769	3,538	0.78	148	183	0.81

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.

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