GOLDM
Gold MiniPut-Call Ratio
Put OI
32,590
Call OI
52,165
PCR
0.62
OI Str %
-23.10 %
Put OI Chg
83
Call OI Chg
-1,729
COI PCR
-0.05
COI Str %
100.00 %
On 9:30 GOLDM was trading at 152490 with pcr value 0.57
On 9:45 GOLDM was trading at 152300 with pcr value 0.58
On 10:00 GOLDM was trading at 152521 with pcr value 0.58
On 10:15 GOLDM was trading at 152277 with pcr value 0.59
On 10:30 GOLDM was trading at 152165 with pcr value 0.58
On 10:45 GOLDM was trading at 152398 with pcr value 0.58
On 11:00 GOLDM was trading at 152300 with pcr value 0.58
On 11:15 GOLDM was trading at 152050 with pcr value 0.58
On 11:30 GOLDM was trading at 151365 with pcr value 0.58
On 11:45 GOLDM was trading at 151668 with pcr value 0.58
On 12:00 GOLDM was trading at 151649 with pcr value 0.58
On 12:15 GOLDM was trading at 151860 with pcr value 0.58
On 12:30 GOLDM was trading at 152121 with pcr value 0.58
On 12:45 GOLDM was trading at 151935 with pcr value 0.58
On 13:00 GOLDM was trading at 152125 with pcr value 0.58
On 13:15 GOLDM was trading at 152128 with pcr value 0.58
On 13:30 GOLDM was trading at 152310 with pcr value 0.58
On 13:45 GOLDM was trading at 152530 with pcr value 0.58
On 14:00 GOLDM was trading at 152580 with pcr value 0.58
On 14:15 GOLDM was trading at 152512 with pcr value 0.58
On 14:30 GOLDM was trading at 152305 with pcr value 0.58
On 14:45 GOLDM was trading at 152364 with pcr value 0.58
On 15:00 GOLDM was trading at 152102 with pcr value 0.58
On 15:15 GOLDM was trading at 152135 with pcr value 0.58
On 15:30 GOLDM was trading at 152194 with pcr value 0.57
On 15:45 GOLDM was trading at 152119 with pcr value 0.58
On 16:00 GOLDM was trading at 152258 with pcr value 0.58
On 16:15 GOLDM was trading at 152170 with pcr value 0.58
On 16:30 GOLDM was trading at 151834 with pcr value 0.58
On 16:45 GOLDM was trading at 151850 with pcr value 0.58
On 17:00 GOLDM was trading at 151679 with pcr value 0.58
On 17:15 GOLDM was trading at 151560 with pcr value 0.6
On 17:30 GOLDM was trading at 151944 with pcr value 0.59
On 17:45 GOLDM was trading at 151940 with pcr value 0.59
On 18:00 GOLDM was trading at 151922 with pcr value 0.6
On 18:15 GOLDM was trading at 151950 with pcr value 0.6
On 18:30 GOLDM was trading at 151941 with pcr value 0.6
On 18:45 GOLDM was trading at 151989 with pcr value 0.6
On 19:00 GOLDM was trading at 151895 with pcr value 0.6
On 19:15 GOLDM was trading at 152799 with pcr value 0.6
On 19:30 GOLDM was trading at 152775 with pcr value 0.6
On 19:45 GOLDM was trading at 153038 with pcr value 0.6
On 20:00 GOLDM was trading at 153245 with pcr value 0.6
On 20:15 GOLDM was trading at 152837 with pcr value 0.61
On 20:30 GOLDM was trading at 152871 with pcr value 0.62
On 20:45 GOLDM was trading at 153170 with pcr value 0.62
On 21:00 GOLDM was trading at 153155 with pcr value 0.62
On 21:15 GOLDM was trading at 153226 with pcr value 0.62
On 21:30 GOLDM was trading at 152571 with pcr value 0.61
On 21:45 GOLDM was trading at 152842 with pcr value 0.61
On 22:00 GOLDM was trading at 153532 with pcr value 0.62
On 22:15 GOLDM was trading at 153438 with pcr value 0.62
On 22:30 GOLDM was trading at 153450 with pcr value 0.62
On 22:45 GOLDM was trading at 153365 with pcr value 0.62
On 23:00 GOLDM was trading at 153349 with pcr value 0.62
On 23:15 GOLDM was trading at 153500 with pcr value 0.62
On 23:30 GOLDM was trading at 153600 with pcr value 0.62
On 23:45 GOLDM was trading at 154140 with pcr value 0.62
On 23:59 GOLDM was trading at 154150 with pcr value 0.62
Put-Call-Ratio Table for Commodity
Understanding PCR, COI Strength %, OI Strength %
PCR (Put-Call Ratio)
PCR = Put OI / Call OI
More puts than calls, potential support
Balanced market sentiment
More calls than puts, potential resistance
COI Strength %, OI Strength %
COI Strength % = ((PE COI - CE COI) / (|PE COI| + |CE COI|)) × 100
OI Strength % = ((PE OI - CE OI) / (|PE OI| + |CE OI|)) × 100
Strong put dominance
Balanced activity
Strong call 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|)) × 100
This normalized indicator measures the directional bias of intraday Open Interest changes scaled to percent:
- > 60% (Bullish): Put side dominance - fresh put writing or buying suggests bullish positioning.
- -60% to 60% (Neutral): Balanced activity on both sides - no clear directional conviction.
- < -60% (Bearish): Call side dominance - fresh call writing or buying suggests bearish positioning.
Advantages over PCR:
- Normalized scale makes comparison across symbols easier
- Not affected by extreme ratios when one side is very small
- Clearly shows which side has stronger intraday momentum
OI Strength % = ((PE OI - CE OI) / (|PE OI| + |CE OI|)) × 100
This normalized indicator measures the directional bias of total Open Interest scaled to percent:
- > 60% (Bullish): Put OI dominance - more total puts than calls suggests bullish positioning.
- -60% to 60% (Neutral): Balanced total OI on both sides - no clear directional conviction.
- < -60% (Bearish): Call OI dominance - more total calls than puts suggests bearish positioning.
Difference from COI Strength %:
- OI Strength %: Uses total accumulated OI (all-time positions)
- COI Strength %: Uses only intraday OI changes (today's activity)
Use Case: OI Strength % shows overall market positioning, while COI Strength % shows fresh intraday momentum. Use both together for a complete picture.
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 % and OI Strength % instead - they handle these edge cases better and provide 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 % or OI Strength % (>60% or <-60%) combined with price at support/resistance can signal strong reversals.
- Intraday Pivots: Watch for sudden COI Strength % shifts (e.g., from +50% to -30%) 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.
