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.

HDFCAMC

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.

Hdfc Amc Limited

2640 -82.90 (-3.04%)

L: 2640 H: 2738.1

Put-Call Ratio - HDFCAMC

19 Dec 2025 10:54 AM IST

Live

Expiry

Put OI

9,491

Call OI

11,463

PCR

0.83

Put OI Chg

-1,966

Call OI Chg

-155

COI PCR

12.68

COI Strength

-0.85

Interval

On 9:30 HDFCAMC was trading at 2713 with pcr value 1

On 9:45 HDFCAMC was trading at 2690.6 with pcr value 1

On 10:00 HDFCAMC was trading at 2687.6 with pcr value 0.99

On 10:15 HDFCAMC was trading at 2684 with pcr value 0.95

On 10:30 HDFCAMC was trading at 2675.9 with pcr value 0.93

On 10:45 HDFCAMC was trading at 2664.2 with pcr value 0.88

On 10:55 HDFCAMC was trading at 2646 with pcr value 0.83

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	2,084	3,601	0.58	-1	25	-0.04
ABB	5,241	7,043	0.74	-97	-64	1.52
ABCAPITAL	4,612	8,045	0.57	-81	-60	1.35
ADANIENSOL	3,271	6,075	0.54	14	90	0.16
ADANIENT	26,876	45,629	0.59	294	1,909	0.15
ADANIGREEN	9,738	18,375	0.53	-11	-75	0.15
ADANIPORTS	9,298	18,882	0.49	81	253	0.32
ALKEM	1,302	2,095	0.62	67	26	2.58
AMBER	7,183	11,210	0.64	-85	214	-0.40
AMBUJACEM	8,306	11,573	0.72	-5	108	-0.05
ANGELONE	7,884	20,303	0.39	184	-365	-0.50
APLAPOLLO	2,432	2,912	0.84	201	309	0.65
APOLLOHOSP	9,036	18,472	0.49	171	178	0.96
ASHOKLEY	15,050	13,815	1.09	1,607	461	3.49
ASIANPAINT	16,855	34,143	0.49	213	-489	-0.44
ASTRAL	4,369	8,308	0.53	101	275	0.37
AUBANK	6,498	7,900	0.82	56	72	0.78
AUROPHARMA	5,201	11,539	0.45	457	1,411	0.32
AXISBANK	21,520	45,912	0.47	-216	-1,543	0.14
BAJAJ-AUTO	14,231	27,946	0.51	-6	-569	0.01
BAJAJFINSV	14,101	20,836	0.68	17	-417	-0.04
BAJFINANCE	22,686	38,185	0.59	-459	-1,585	0.29
BANDHANBNK	7,486	10,898	0.69	-136	-253	0.54
BANKBARODA	11,869	14,287	0.83	-53	-220	0.24
BANKINDIA	3,615	5,011	0.72	-9	8	-1.13
BDL	8,477	22,028	0.38	-39	353	-0.11
BEL	26,360	57,598	0.46	334	-1,824	-0.18
BHARATFORG	4,570	7,341	0.62	238	436	0.55
BHARTIARTL	19,034	41,065	0.46	413	2,009	0.21
BHEL	8,726	19,492	0.45	-69	356	-0.19
BIOCON	6,221	11,164	0.56	172	-586	-0.29
BLUESTARCO	1,898	1,984	0.96	139	132	1.05
BOSCHLTD	1,613	3,836	0.42	7	40	0.17
BPCL	5,490	9,355	0.59	75	-27	-2.78
BRITANNIA	6,223	9,953	0.63	47	-515	-0.09
BSE	17,208	32,882	0.52	200	771	0.26
CAMS	4,821	7,615	0.63	25	-249	-0.10
CANBK	12,423	15,671	0.79	287	573	0.50
CDSL	9,660	22,912	0.42	-48	35	-1.37
CGPOWER	4,507	10,582	0.43	-93	-93	1.00
CHOLAFIN	9,197	9,778	0.94	952	485	1.96
CIPLA	10,417	14,501	0.72	489	-533	-0.92
COALINDIA	13,343	13,129	1.02	279	82	3.40
COFORGE	9,237	20,530	0.45	420	859	0.49
COLPAL	7,839	12,691	0.62	-2	153	-0.01
CONCOR	7,797	10,272	0.76	44	93	0.47
CROMPTON	6,802	14,149	0.48	-61	692	-0.09
CUMMINSIND	3,851	6,642	0.58	8	258	0.03
CYIENT	2,345	3,661	0.64	-12	-17	0.71
DABUR	6,465	11,701	0.55	-28	61	-0.46
DALBHARAT	2,817	4,433	0.64	25	54	0.46
DELHIVERY	4,077	6,318	0.65	71	19	3.74
DIVISLAB	8,913	15,557	0.57	2,170	5,937	0.37
DIXON	35,698	70,473	0.51	414	3,844	0.11
DLF	16,791	25,790	0.65	-786	-205	3.83
DMART	7,272	17,324	0.42	-62	-91	0.68
DRREDDY	5,400	10,619	0.51	213	237	0.90
EICHERMOT	11,382	15,099	0.75	826	87	9.49
ETERNAL	18,244	35,622	0.51	-401	-645	0.62
EXIDEIND	4,327	6,804	0.64	-28	62	-0.45
FEDERALBNK	8,866	7,890	1.12	582	0	0.00
FORTIS	3,698	8,166	0.45	173	139	1.24
GAIL	12,987	19,611	0.66	-161	-432	0.37
GLENMARK	7,337	10,454	0.70	-449	-88	5.10
GMRAIRPORT	10,476	21,457	0.49	-42	579	-0.07
GODREJCP	3,782	5,546	0.68	0	83	0.00
GODREJPROP	6,914	11,939	0.58	-1	-100	0.01
GRASIM	9,472	8,615	1.10	60	54	1.11
HAL	28,213	54,022	0.52	-285	-795	0.36
HAVELLS	3,897	4,939	0.79	121	45	2.69
HCLTECH	12,975	23,655	0.55	1,204	3,122	0.39
HDFCAMC	9,491	11,463	0.83	-1,966	-155	12.68
HDFCBANK	44,118	75,346	0.59	1,328	-1,514	-0.88
HDFCLIFE	7,100	16,224	0.44	14	-112	-0.13
HEROMOTOCO	14,100	32,611	0.43	477	854	0.56
HFCL	4,932	11,596	0.43	-18	42	-0.43
HINDALCO	15,511	20,419	0.76	-123	-217	0.57
HINDPETRO	4,037	6,998	0.58	-14	102	-0.14
HINDUNILVR	9,685	20,683	0.47	-167	-63	2.65
HINDZINC	26,056	36,662	0.71	-524	1,024	-0.51
HUDCO	6,413	14,829	0.43	3	93	0.03
ICICIBANK	31,118	52,270	0.60	-320	1,961	-0.16
ICICIGI	3,143	6,032	0.52	-47	48	-0.98
ICICIPRULI	2,415	4,900	0.49	55	1	55.00
IDEA	14,166	25,155	0.56	83	-106	-0.78
IDFCFIRSTB	9,623	12,294	0.78	-90	143	-0.63
IEX	8,303	11,339	0.73	-1	49	-0.02
IIFL	2,672	4,429	0.60	15	83	0.18
INDHOTEL	6,314	9,625	0.66	34	-328	-0.10
INDIANB	4,767	11,905	0.40	-55	36	-1.53
INDIGO	53,462	97,459	0.55	133	756	0.18
INDUSINDBK	12,924	18,905	0.68	130	788	0.16
INDUSTOWER	8,428	14,292	0.59	-115	-242	0.48
INFY	50,347	70,146	0.72	3,068	6,108	0.50
INOXWIND	6,733	13,605	0.49	15	-194	-0.08
IOC	7,513	11,740	0.64	-172	93	-1.85
IRCTC	7,056	10,449	0.68	-17	-133	0.13
IREDA	5,128	10,322	0.50	1	28	0.04
IRFC	4,698	9,441	0.50	38	97	0.39
ITC	20,405	33,868	0.60	1	-404	-0.00
JINDALSTEL	5,627	9,229	0.61	-24	44	-0.55
JIOFIN	18,309	26,101	0.70	55	-596	-0.09
JSWENERGY	9,618	15,186	0.63	28	71	0.39
JSWSTEEL	11,729	27,565	0.43	-83	-58	1.43
JUBLFOOD	5,924	10,474	0.57	-123	186	-0.66
KALYANKJIL	4,754	9,430	0.50	-10	23	-0.43
KAYNES	29,699	76,426	0.39	401	1,397	0.29
KEI	2,706	4,141	0.65	134	393	0.34
KFINTECH	4,272	5,899	0.72	41	442	0.09
KOTAKBANK	17,910	21,117	0.85	320	63	5.08
KPITTECH	3,852	6,769	0.57	25	-33	-0.76
LAURUSLABS	6,303	9,942	0.63	1,048	677	1.55
LICHSGFIN	7,622	9,295	0.82	23	27	0.85
LICI	6,097	11,744	0.52	25	-231	-0.11
LODHA	4,925	10,733	0.46	53	-197	-0.27
LT	18,457	31,033	0.59	916	-581	-1.58
LTF	5,122	7,948	0.64	29	-36	-0.81
LTIM	5,976	7,774	0.77	1,238	1,543	0.80
LUPIN	5,462	6,535	0.84	188	-115	-1.63
M&M	17,175	32,784	0.52	72	104	0.69
MANAPPURAM	3,705	6,282	0.59	-72	-48	1.50
MANKIND	2,420	4,513	0.54	32	-69	-0.46
MARICO	3,215	5,054	0.64	49	177	0.28
MARUTI	28,864	31,535	0.92	774	418	1.85
MAXHEALTH	6,597	11,740	0.56	221	640	0.35
MAZDOCK	10,159	23,127	0.44	37	583	0.06
MCX	16,241	22,831	0.71	1,491	520	2.87
MFSL	2,410	4,411	0.55	10	37	0.27
MOTHERSON	6,433	8,898	0.72	386	6	64.33
MPHASIS	4,042	5,445	0.74	179	168	1.07
MUTHOOTFIN	5,443	10,692	0.51	-54	94	-0.57
NATIONALUM	6,907	8,439	0.82	43	201	0.21
NAUKRI	5,812	7,620	0.76	16	388	0.04
NBCC	3,416	8,922	0.38	35	-181	-0.19
NCC	3,743	9,084	0.41	7	88	0.08
NESTLEIND	4,439	14,497	0.31	123	229	0.54
NHPC	3,250	7,176	0.45	74	44	1.68
NMDC	10,118	14,330	0.71	92	553	0.17
NTPC	14,051	23,161	0.61	-86	-75	1.15
NUVAMA	3,149	6,512	0.48	216	670	0.32
NYKAA	2,786	7,218	0.39	-24	67	-0.36
OBEROIRLTY	3,856	5,204	0.74	152	51	2.98
OFSS	6,431	11,821	0.54	421	717	0.59
OIL	2,522	4,778	0.53	-53	-4	13.25
ONGC	10,653	26,783	0.40	-91	77	-1.18
PAGEIND	3,488	9,239	0.38	-71	680	-0.10
PATANJALI	4,696	8,270	0.57	-31	-165	0.19
PAYTM	8,457	13,965	0.61	442	78	5.67
PERSISTENT	7,358	11,934	0.62	527	928	0.57
PETRONET	9,013	8,460	1.07	11	-84	-0.13
PFC	22,371	33,278	0.67	962	-1,488	-0.65
PGEL	7,663	11,992	0.64	-66	198	-0.33
PHOENIXLTD	1,759	3,390	0.52	-12	-60	0.20
PIDILITIND	1,939	2,812	0.69	13	58	0.22
PIIND	3,784	5,671	0.67	16	35	0.46
PNB	11,616	20,902	0.56	36	-77	-0.47
PNBHOUSING	6,896	11,852	0.58	3	-75	-0.04
POLICYBZR	5,960	8,223	0.72	112	-151	-0.74
POLYCAB	5,938	8,610	0.69	1,213	851	1.43
POWERGRID	10,593	17,561	0.60	-169	-307	0.55
POWERINDIA	4,673	14,013	0.33	575	1,076	0.53
PPLPHARMA	2,992	7,218	0.41	-11	47	-0.23
PRESTIGE	2,757	4,250	0.65	11	-66	-0.17
RBLBANK	4,855	7,988	0.61	24	-37	-0.65
RECLTD	21,489	32,948	0.65	-224	-304	0.74
RELIANCE	51,900	88,432	0.59	2,649	-6,288	-0.42
RVNL	6,106	12,768	0.48	-1	-193	0.01
SAIL	5,925	11,500	0.52	-62	662	-0.09
SAMMAANCAP	8,980	13,323	0.67	-302	-246	1.23
SBICARD	4,824	7,084	0.68	35	57	0.61
SBILIFE	5,767	11,600	0.50	260	81	3.21
SBIN	40,656	58,234	0.70	-675	-41	16.46
SHREECEM	2,613	6,515	0.40	351	640	0.55
SHRIRAMFIN	15,842	24,436	0.65	365	1,430	0.26
SIEMENS	8,886	19,338	0.46	232	-317	-0.73
SOLARINDS	4,187	11,247	0.37	-2	677	-0.00
SONACOMS	2,605	5,665	0.46	41	60	0.68
SRF	7,345	8,926	0.82	-47	-65	0.72
SUNPHARMA	8,869	24,197	0.37	301	-1,977	-0.15
SUPREMEIND	4,281	7,141	0.60	93	138	0.67
SUZLON	10,156	25,124	0.40	22	158	0.14
SYNGENE	1,647	3,615	0.46	183	194	0.94
TATACONSUM	5,145	9,783	0.53	-9	-37	0.24
TATAELXSI	9,384	19,483	0.48	3,890	4,623	0.84
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	19,082	28,045	0.68	-136	-284	0.48
TATASTEEL	14,781	27,615	0.54	-108	567	-0.19
TATATECH	4,765	7,593	0.63	39	-8	-4.88
TCS	36,911	46,788	0.79	1,143	90	12.70
TECHM	8,799	10,397	0.85	117	304	0.38
TIINDIA	4,915	7,646	0.64	-6	-35	0.17
TITAGARH	2,716	5,712	0.48	-1	108	-0.01
TITAN	14,505	21,263	0.68	1,293	613	2.11
TMPV	38,180	77,848	0.49	-2,033	-2,143	0.95
TORNTPHARM	1,270	2,513	0.51	88	24	3.67
TORNTPOWER	1,838	3,455	0.53	-2	-58	0.03
TRENT	26,193	51,112	0.51	-44	-1,003	0.04
TVSMOTOR	9,303	9,240	1.01	218	-236	-0.92
ULTRACEMCO	11,685	21,210	0.55	202	-35	-5.77
UNIONBANK	5,346	8,328	0.64	94	394	0.24
UNITDSPR	8,251	10,177	0.81	61	136	0.45
UNOMINDA	2,789	5,460	0.51	-1	90	-0.01
UPL	4,899	6,934	0.71	24	98	0.24
VBL	9,287	18,747	0.50	-94	91	-1.03
VEDL	42,271	40,905	1.03	-366	1,105	-0.33
VOLTAS	6,977	10,345	0.67	228	1,490	0.15
WIPRO	12,251	14,499	0.84	416	368	1.13
YESBANK	6,364	12,934	0.49	1	-53	-0.02
ZYDUSLIFE	3,506	4,740	0.74	-31	-53	0.58

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 HDFCAMC

HDFCAMC

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

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