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.

HINDPETRO

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.

Hindustan Petroleum Corp

464.2 +4.30 (0.93%)

L: 456.5 H: 466.9

Put-Call Ratio - HINDPETRO

15 Dec 2025 11:10 AM IST

Live

Expiry

Put OI

4,044

Call OI

6,437

PCR

0.63

Put OI Chg

-19

Call OI Chg

275

COI PCR

-0.07

COI Strength

-1.00

Interval

On 9:30 HINDPETRO was trading at 457 with pcr value 0.63

On 9:45 HINDPETRO was trading at 460.95 with pcr value 0.63

On 10:00 HINDPETRO was trading at 465.6 with pcr value 0.63

On 10:15 HINDPETRO was trading at 465.7 with pcr value 0.62

On 10:30 HINDPETRO was trading at 465.2 with pcr value 0.64

On 10:45 HINDPETRO was trading at 463.5 with pcr value 0.64

On 11:00 HINDPETRO was trading at 462.9 with pcr value 0.63

On 11:11 HINDPETRO was trading at 464.05 with pcr value 0.63

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	1,989	3,026	0.66	529	324	1.63
ABB	4,232	6,904	0.61	-78	399	-0.20
ABCAPITAL	4,565	6,976	0.65	-340	-54	6.30
ADANIENSOL	2,962	5,192	0.57	151	197	0.77
ADANIENT	24,401	42,872	0.57	-256	880	-0.29
ADANIGREEN	11,419	19,380	0.59	137	257	0.53
ADANIPORTS	8,378	16,662	0.50	-109	506	-0.22
ALKEM	554	1,166	0.48	-1	0	0.00
AMBER	6,537	12,479	0.52	116	1,185	0.10
AMBUJACEM	8,860	10,465	0.85	240	-155	-1.55
ANGELONE	7,336	17,284	0.42	-4	459	-0.01
APLAPOLLO	1,761	2,621	0.67	25	97	0.26
APOLLOHOSP	5,677	14,879	0.38	95	702	0.14
ASHOKLEY	10,015	11,170	0.90	317	19	16.68
ASIANPAINT	16,785	32,215	0.52	142	95	1.49
ASTRAL	3,247	7,043	0.46	28	25	1.12
AUBANK	6,289	7,783	0.81	21	144	0.15
AUROPHARMA	4,072	10,101	0.40	94	174	0.54
AXISBANK	12,041	27,561	0.44	-17	398	-0.04
BAJAJ-AUTO	12,937	28,069	0.46	188	2,065	0.09
BAJAJFINSV	9,273	16,096	0.58	-8	87	-0.09
BAJFINANCE	21,209	37,578	0.56	-45	953	-0.05
BANDHANBNK	4,355	10,774	0.40	-30	-77	0.39
BANKBARODA	11,857	15,860	0.75	225	578	0.39
BANKINDIA	2,021	4,060	0.50	7	-19	-0.37
BDL	7,170	17,292	0.41	97	544	0.18
BEL	25,812	59,374	0.43	468	2,024	0.23
BHARATFORG	4,083	7,000	0.58	232	1,075	0.22
BHARTIARTL	17,905	40,510	0.44	198	757	0.26
BHEL	8,509	17,406	0.49	-214	1,049	-0.20
BIOCON	5,646	12,765	0.44	6	504	0.01
BLUESTARCO	1,116	1,746	0.64	175	583	0.30
BOSCHLTD	973	2,670	0.36	7	102	0.07
BPCL	5,474	7,453	0.73	279	840	0.33
BRITANNIA	5,370	7,771	0.69	879	1,099	0.80
BSE	16,555	29,333	0.56	-26	1,058	-0.02
CAMS	3,156	7,093	0.44	20	8	2.50
CANBK	9,526	15,696	0.61	59	402	0.15
CDSL	8,772	20,870	0.42	17	704	0.02
CGPOWER	3,845	8,482	0.45	43	118	0.36
CHOLAFIN	3,313	5,491	0.60	36	547	0.07
CIPLA	8,523	13,360	0.64	20	39	0.51
COALINDIA	10,155	11,356	0.89	197	98	2.01
COFORGE	7,765	22,202	0.35	-65	214	-0.30
COLPAL	4,884	9,053	0.54	-78	262	-0.30
CONCOR	5,511	8,971	0.61	51	192	0.27
CROMPTON	5,018	11,120	0.45	-41	63	-0.65
CUMMINSIND	3,077	4,356	0.71	-178	204	-0.87
CYIENT	1,623	2,695	0.60	-14	133	-0.11
DABUR	4,842	9,307	0.52	75	176	0.43
DALBHARAT	2,979	3,182	0.94	58	-554	-0.10
DELHIVERY	3,709	4,943	0.75	0	115	0.00
DIVISLAB	6,134	8,302	0.74	16	26	0.62
DIXON	33,910	63,836	0.53	579	-1,547	-0.37
DLF	14,610	25,767	0.57	121	639	0.19
DMART	5,904	12,554	0.47	-86	158	-0.54
DRREDDY	5,260	10,054	0.52	161	179	0.90
EICHERMOT	9,193	15,206	0.60	-166	1,346	-0.12
ETERNAL	17,031	28,259	0.60	-619	119	-5.20
EXIDEIND	3,375	5,038	0.67	100	234	0.43
FEDERALBNK	8,086	7,640	1.06	565	100	5.65
FORTIS	2,888	9,162	0.32	57	331	0.17
GAIL	10,629	20,055	0.53	101	583	0.17
GLENMARK	6,844	10,154	0.67	-26	-44	0.59
GMRAIRPORT	10,821	18,014	0.60	923	1,054	0.88
GODREJCP	2,649	3,799	0.70	-23	-85	0.27
GODREJPROP	4,396	9,312	0.47	-7	59	-0.12
GRASIM	8,423	8,367	1.01	158	67	2.36
HAL	25,257	54,026	0.47	-112	627	-0.18
HAVELLS	3,155	4,136	0.76	-56	10	-5.60
HCLTECH	9,836	19,371	0.51	190	819	0.23
HDFCAMC	3,722	4,604	0.81	25	182	0.14
HDFCBANK	40,375	62,241	0.65	-598	3,637	-0.16
HDFCLIFE	7,055	17,341	0.41	-44	1,345	-0.03
HEROMOTOCO	12,004	18,129	0.66	179	1,181	0.15
HFCL	3,326	11,243	0.30	-15	146	-0.10
HINDALCO	17,380	20,914	0.83	-377	605	-0.62
HINDPETRO	4,044	6,437	0.63	-19	275	-0.07
HINDUNILVR	11,148	22,522	0.49	545	-398	-1.37
HINDZINC	24,918	35,807	0.70	1,019	6,508	0.16
HUDCO	4,601	13,489	0.34	-5	730	-0.01
ICICIBANK	29,489	48,810	0.60	291	1,384	0.21
ICICIGI	2,516	4,447	0.57	-109	89	-1.22
ICICIPRULI	1,936	4,417	0.44	-25	-220	0.11
IDEA	15,224	25,999	0.59	68	1,111	0.06
IDFCFIRSTB	8,979	13,153	0.68	221	224	0.99
IEX	7,251	11,478	0.63	-50	-26	1.92
IIFL	2,167	3,827	0.57	-25	172	-0.15
INDHOTEL	3,515	7,908	0.44	108	96	1.12
INDIANB	3,122	10,480	0.30	80	554	0.14
INDIGO	51,445	1,13,659	0.45	2,002	-4,511	-0.44
INDUSINDBK	10,812	18,166	0.60	-4	343	-0.01
INDUSTOWER	8,290	15,778	0.53	390	3,128	0.12
INFY	38,240	61,064	0.63	1,143	832	1.37
INOXWIND	5,881	13,607	0.43	62	151	0.41
IOC	6,057	11,134	0.54	-37	314	-0.12
IRCTC	5,293	10,729	0.49	57	246	0.23
IREDA	3,920	9,505	0.41	1	12	0.08
IRFC	3,114	8,686	0.36	5	137	0.04
ITC	24,101	34,299	0.70	371	116	3.20
JINDALSTEL	4,303	7,429	0.58	15	422	0.04
JIOFIN	14,998	24,715	0.61	-63	554	-0.11
JSWENERGY	10,405	15,916	0.65	1,020	655	1.56
JSWSTEEL	13,414	24,726	0.54	61	546	0.11
JUBLFOOD	6,486	7,752	0.84	2	349	0.01
KALYANKJIL	4,479	8,596	0.52	-73	-7	10.43
KAYNES	28,844	73,691	0.39	1,445	85	17.00
KEI	1,918	3,320	0.58	460	494	0.93
KFINTECH	3,349	6,265	0.53	29	365	0.08
KOTAKBANK	17,243	21,288	0.81	-1,222	53	-23.06
KPITTECH	2,400	4,734	0.51	-19	269	-0.07
LAURUSLABS	4,969	8,955	0.55	-240	456	-0.53
LICHSGFIN	5,974	9,529	0.63	9	591	0.02
LICI	5,905	11,284	0.52	-115	294	-0.39
LODHA	2,495	9,581	0.26	-8	266	-0.03
LT	16,340	32,020	0.51	-76	-322	0.24
LTF	4,585	7,617	0.60	48	209	0.23
LTIM	3,608	5,090	0.71	-71	-155	0.46
LUPIN	4,971	6,313	0.79	-90	259	-0.35
M&M	15,207	30,467	0.50	823	3,149	0.26
MANAPPURAM	3,459	4,974	0.70	81	62	1.31
MANKIND	1,989	4,538	0.44	94	211	0.45
MARICO	2,596	4,132	0.63	161	728	0.22
MARUTI	32,610	31,142	1.05	-956	174	-5.49
MAXHEALTH	4,511	10,461	0.43	92	324	0.28
MAZDOCK	7,121	21,144	0.34	102	602	0.17
MCX	14,676	22,404	0.66	365	547	0.67
MFSL	1,991	3,555	0.56	-29	56	-0.52
MOTHERSON	6,670	9,032	0.74	-31	117	-0.26
MPHASIS	3,280	4,614	0.71	129	168	0.77
MUTHOOTFIN	6,043	10,673	0.57	449	470	0.96
NATIONALUM	6,685	7,730	0.86	84	140	0.60
NAUKRI	5,200	7,141	0.73	92	255	0.36
NBCC	3,377	7,235	0.47	226	465	0.49
NCC	3,016	7,450	0.40	33	217	0.15
NESTLEIND	3,719	13,555	0.27	57	-166	-0.34
NHPC	2,126	6,336	0.34	-9	164	-0.05
NMDC	8,262	12,471	0.66	37	392	0.10
NTPC	10,926	20,842	0.52	-391	98	-4.00
NUVAMA	2,089	4,062	0.51	28	64	0.44
NYKAA	2,242	6,074	0.37	-20	236	-0.08
OBEROIRLTY	2,984	5,362	0.56	-10	18	-0.56
OFSS	8,198	8,808	0.93	-243	25	-9.72
OIL	1,814	3,901	0.47	-40	12	-3.33
ONGC	11,391	25,974	0.44	3,504	2,518	1.39
PAGEIND	2,936	6,758	0.43	33	360	0.09
PATANJALI	2,692	7,829	0.34	-109	49	-2.22
PAYTM	7,446	11,941	0.62	-336	613	-0.55
PERSISTENT	6,476	9,659	0.67	254	902	0.28
PETRONET	4,983	7,839	0.64	25	191	0.13
PFC	16,388	32,999	0.50	318	1,184	0.27
PGEL	7,815	11,956	0.65	-74	289	-0.26
PHOENIXLTD	977	2,283	0.43	46	192	0.24
PIDILITIND	1,738	2,246	0.77	51	-33	-1.55
PIIND	2,871	4,885	0.59	17	-100	-0.17
PNB	9,708	21,803	0.45	-49	439	-0.11
PNBHOUSING	6,511	12,838	0.51	597	1,917	0.31
POLICYBZR	4,577	6,410	0.71	-110	304	-0.36
POLYCAB	3,989	5,516	0.72	93	46	2.02
POWERGRID	9,266	15,748	0.59	96	650	0.15
POWERINDIA	3,888	10,899	0.36	-384	312	-1.23
PPLPHARMA	1,776	6,046	0.29	-88	311	-0.28
PRESTIGE	1,834	3,391	0.54	72	57	1.26
RBLBANK	4,619	7,370	0.63	1	222	0.00
RECLTD	19,845	33,632	0.59	644	1,985	0.32
RELIANCE	47,739	92,653	0.52	-176	1,458	-0.12
RVNL	5,485	11,438	0.48	1	109	0.01
SAIL	4,539	9,030	0.50	29	233	0.12
SAMMAANCAP	5,714	10,517	0.54	-40	1,725	-0.02
SBICARD	3,917	6,830	0.57	-9	198	-0.05
SBILIFE	3,961	11,056	0.36	-216	-114	1.89
SBIN	36,809	66,616	0.55	695	826	0.84
SHREECEM	1,076	2,605	0.41	22	122	0.18
SHRIRAMFIN	11,811	18,437	0.64	243	878	0.28
SIEMENS	9,916	18,189	0.55	42	-252	-0.17
SOLARINDS	3,260	9,516	0.34	24	491	0.05
SONACOMS	2,036	4,913	0.41	36	171	0.21
SRF	6,409	7,872	0.81	-235	-14	16.79
SUNPHARMA	5,652	18,745	0.30	-283	-381	0.74
SUPREMEIND	2,725	7,448	0.37	80	189	0.42
SUZLON	9,028	22,897	0.39	218	487	0.45
SYNGENE	1,236	2,150	0.57	34	131	0.26
TATACONSUM	4,484	9,757	0.46	274	666	0.41
TATAELXSI	5,387	13,946	0.39	232	-428	-0.54
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	15,458	25,261	0.61	-182	519	-0.35
TATASTEEL	16,770	27,278	0.61	73	317	0.23
TATATECH	3,917	6,890	0.57	42	138	0.30
TCS	36,379	48,651	0.75	1,102	1,856	0.59
TECHM	5,784	8,746	0.66	-47	392	-0.12
TIINDIA	3,194	6,993	0.46	166	216	0.77
TITAGARH	1,754	4,916	0.36	-32	77	-0.42
TITAN	10,059	18,530	0.54	-303	641	-0.47
TMPV	37,764	89,383	0.42	401	5,463	0.07
TORNTPHARM	599	2,281	0.26	-14	70	-0.20
TORNTPOWER	1,732	1,839	0.94	-17	-18	0.94
TRENT	24,718	48,987	0.50	710	376	1.89
TVSMOTOR	6,269	9,623	0.65	-43	248	-0.17
ULTRACEMCO	11,434	16,352	0.70	500	793	0.63
UNIONBANK	4,429	8,193	0.54	-30	-23	1.30
UNITDSPR	4,892	7,035	0.70	70	82	0.85
UNOMINDA	2,022	4,189	0.48	9	47	0.19
UPL	3,203	5,059	0.63	-27	54	-0.50
VBL	8,299	20,734	0.40	101	607	0.17
VEDL	26,355	32,101	0.82	-652	621	-1.05
VOLTAS	5,374	7,120	0.75	-16	-54	0.30
WIPRO	10,085	13,806	0.73	140	252	0.56
YESBANK	5,985	12,960	0.46	29	269	0.11
ZYDUSLIFE	2,425	4,027	0.60	16	63	0.25

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 HINDPETRO

HINDPETRO

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

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