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

465.35 -0.80 (-0.17%)

L: 460.2 H: 468.3

Put-Call Ratio - HINDPETRO

17 Dec 2025 09:10 AM IST

Live

Expiry

Put OI

3,866

Call OI

6,877

PCR

0.56

Put OI Chg

0

Call OI Chg

0

COI PCR

NaN

COI Strength

0.00

Interval

On 9:15 HINDPETRO was trading at 466 with pcr value 0.56

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	2,014	3,259	0.62	0	0	0.00
ABB	5,352	6,328	0.85	0	0	0.00
ABCAPITAL	4,763	7,773	0.61	0	0	0.00
ADANIENSOL	3,355	5,763	0.58	0	0	0.00
ADANIENT	26,507	44,020	0.60	0	-53	0.00
ADANIGREEN	10,291	19,536	0.53	0	0	0.00
ADANIPORTS	9,153	18,083	0.51	0	0	0.00
ALKEM	1,232	1,674	0.74	0	0	0.00
AMBER	7,013	10,258	0.68	0	0	0.00
AMBUJACEM	8,532	10,298	0.83	0	0	0.00
ANGELONE	7,581	18,498	0.41	0	0	0.00
APLAPOLLO	2,429	2,704	0.90	0	0	0.00
APOLLOHOSP	7,845	16,191	0.48	0	0	0.00
ASHOKLEY	12,306	12,775	0.96	0	0	0.00
ASIANPAINT	17,299	34,166	0.51	0	0	0.00
ASTRAL	4,402	7,939	0.55	0	0	0.00
AUBANK	6,317	7,511	0.84	2	-130	-0.02
AUROPHARMA	4,452	10,363	0.43	0	0	0.00
AXISBANK	26,700	59,719	0.45	0	0	0.00
BAJAJ-AUTO	14,765	27,336	0.54	0	0	0.00
BAJAJFINSV	14,372	20,508	0.70	0	0	0.00
BAJFINANCE	23,388	40,886	0.57	0	-98	0.00
BANDHANBNK	7,644	11,410	0.67	0	0	0.00
BANKBARODA	12,269	16,761	0.73	0	0	0.00
BANKINDIA	3,311	4,700	0.70	0	0	0.00
BDL	8,286	20,724	0.40	0	0	0.00
BEL	27,086	61,841	0.44	0	0	0.00
BHARATFORG	4,204	6,897	0.61	0	0	0.00
BHARTIARTL	19,430	40,058	0.49	0	0	0.00
BHEL	8,877	17,948	0.49	0	0	0.00
BIOCON	6,413	12,991	0.49	0	0	0.00
BLUESTARCO	1,379	1,756	0.79	0	0	0.00
BOSCHLTD	1,613	3,187	0.51	0	0	0.00
BPCL	5,444	9,108	0.60	0	0	0.00
BRITANNIA	6,401	9,064	0.71	0	0	0.00
BSE	18,201	37,580	0.48	0	0	0.00
CAMS	4,338	7,337	0.59	0	0	0.00
CANBK	12,004	16,056	0.75	0	0	0.00
CDSL	9,559	21,971	0.44	0	0	0.00
CGPOWER	4,626	9,004	0.51	0	0	0.00
CHOLAFIN	3,593	5,669	0.63	-2	266	-0.01
CIPLA	10,151	15,512	0.65	-76	285	-0.27
COALINDIA	12,539	12,926	0.97	0	0	0.00
COFORGE	8,692	20,120	0.43	-58	-1,251	0.05
COLPAL	6,506	10,693	0.61	0	0	0.00
CONCOR	7,635	10,161	0.75	2	346	0.01
CROMPTON	6,341	11,776	0.54	-63	9	-7.00
CUMMINSIND	3,570	4,483	0.80	0	0	0.00
CYIENT	1,935	2,940	0.66	0	0	0.00
DABUR	5,894	11,169	0.53	0	0	0.00
DALBHARAT	2,878	3,804	0.76	-74	198	-0.37
DELHIVERY	3,914	6,377	0.61	0	0	0.00
DIVISLAB	6,584	9,085	0.72	0	0	0.00
DIXON	35,625	62,521	0.57	0	0	0.00
DLF	16,557	25,994	0.64	-133	84	-1.58
DMART	7,176	15,583	0.46	0	0	0.00
DRREDDY	5,374	10,739	0.50	-256	-11	23.27
EICHERMOT	10,806	16,024	0.67	0	0	0.00
ETERNAL	19,277	36,185	0.53	0	0	0.00
EXIDEIND	4,044	5,754	0.70	0	0	0.00
FEDERALBNK	8,145	8,019	1.02	-604	-16	37.75
FORTIS	3,534	8,705	0.41	0	0	0.00
GAIL	13,537	20,696	0.65	0	0	0.00
GLENMARK	8,032	10,904	0.74	0	0	0.00
GMRAIRPORT	10,799	19,499	0.55	0	0	0.00
GODREJCP	3,923	5,891	0.67	0	0	0.00
GODREJPROP	7,012	11,716	0.60	0	0	0.00
GRASIM	9,509	8,632	1.10	0	0	0.00
HAL	27,902	56,709	0.49	0	0	0.00
HAVELLS	3,542	4,765	0.74	-43	14	-3.07
HCLTECH	11,525	20,159	0.57	0	0	0.00
HDFCAMC	4,633	6,448	0.72	0	0	0.00
HDFCBANK	42,737	63,366	0.67	763	-1,125	-0.68
HDFCLIFE	7,619	19,112	0.40	69	1,007	0.07
HEROMOTOCO	12,934	18,417	0.70	0	0	0.00
HFCL	4,914	12,002	0.41	0	0	0.00
HINDALCO	15,511	21,091	0.74	-1,452	-209	6.95
HINDPETRO	3,877	6,875	0.56	-165	478	-0.35
HINDUNILVR	9,891	19,859	0.50	-445	-101	4.41
HINDZINC	24,090	33,506	0.72	-2	-142	0.01
HUDCO	6,359	14,297	0.44	0	0	0.00
ICICIBANK	32,115	50,359	0.64	611	122	5.01
ICICIGI	3,068	5,466	0.56	-110	37	-2.97
ICICIPRULI	2,321	4,772	0.49	-99	207	-0.48
IDEA	15,217	26,516	0.57	0	0	0.00
IDFCFIRSTB	9,753	12,573	0.78	-87	-43	2.02
IEX	8,411	11,577	0.73	0	0	0.00
IIFL	2,601	4,304	0.60	0	0	0.00
INDHOTEL	5,787	9,152	0.63	6	180	0.03
INDIANB	4,831	12,014	0.40	0	0	0.00
INDIGO	51,645	1,09,146	0.47	-555	-3,393	0.16
INDUSINDBK	12,654	18,464	0.69	367	427	0.86
INDUSTOWER	8,732	15,506	0.56	-138	-175	0.79
INFY	38,001	61,790	0.62	-1,769	241	-7.34
INOXWIND	6,996	13,956	0.50	0	0	0.00
IOC	7,236	12,582	0.58	316	858	0.37
IRCTC	7,318	11,044	0.66	47	-43	-1.09
IREDA	4,939	10,257	0.48	49	-64	-0.77
IRFC	4,543	9,505	0.48	103	99	1.04
ITC	21,874	34,225	0.64	-2,909	-9	323.22
JINDALSTEL	5,505	8,892	0.62	65	882	0.07
JIOFIN	18,016	25,817	0.70	0	0	0.00
JSWENERGY	10,215	15,134	0.67	-551	354	-1.56
JSWSTEEL	12,884	28,439	0.45	-1,556	1,324	-1.18
JUBLFOOD	6,761	9,713	0.70	-209	1,672	-0.13
KALYANKJIL	4,772	8,779	0.54	0	0	0.00
KAYNES	30,554	76,207	0.40	0	0	0.00
KEI	2,160	3,549	0.61	0	0	0.00
KFINTECH	4,242	6,738	0.63	0	0	0.00
KOTAKBANK	18,726	21,194	0.88	210	392	0.54
KPITTECH	3,629	6,405	0.57	0	0	0.00
LAURUSLABS	5,209	9,947	0.52	4	254	0.02
LICHSGFIN	7,638	10,136	0.75	23	91	0.25
LICI	6,235	11,960	0.52	0	0	0.00
LODHA	4,373	10,453	0.42	0	0	0.00
LT	18,498	32,209	0.57	-772	-183	4.22
LTF	4,973	7,807	0.64	-57	-286	0.20
LTIM	4,457	5,665	0.79	11	17	0.65
LUPIN	5,100	6,794	0.75	-19	263	-0.07
M&M	17,367	32,815	0.53	-117	-1,019	0.11
MANAPPURAM	3,722	5,380	0.69	-154	-46	3.35
MANKIND	2,398	5,000	0.48	34	304	0.11
MARICO	3,084	5,141	0.60	365	948	0.39
MARUTI	29,634	30,896	0.96	0	0	0.00
MAXHEALTH	5,056	10,125	0.50	2	163	0.01
MAZDOCK	10,206	22,482	0.45	107	945	0.11
MCX	15,058	22,868	0.66	0	0	0.00
MFSL	2,445	4,498	0.54	50	395	0.13
MOTHERSON	7,533	9,252	0.81	-81	-138	0.59
MPHASIS	3,491	4,715	0.74	-265	-107	2.48
MUTHOOTFIN	6,395	11,793	0.54	36	-231	-0.16
NATIONALUM	6,739	7,838	0.86	-238	-154	1.55
NAUKRI	5,990	7,080	0.85	104	-47	-2.21
NBCC	3,197	6,979	0.46	-55	257	-0.21
NCC	3,796	9,018	0.42	-26	364	-0.07
NESTLEIND	4,420	13,871	0.32	278	42	6.62
NHPC	3,209	7,032	0.46	5	274	0.02
NMDC	9,949	13,279	0.75	-499	427	-1.17
NTPC	13,454	22,790	0.59	-1,172	770	-1.52
NUVAMA	2,141	4,192	0.51	46	99	0.46
NYKAA	2,589	6,996	0.37	27	445	0.06
OBEROIRLTY	3,494	5,770	0.61	-39	144	-0.27
OFSS	6,977	9,361	0.75	0	0	0.00
OIL	2,481	4,567	0.54	0	0	0.00
ONGC	10,749	26,097	0.41	0	0	0.00
PAGEIND	3,360	7,967	0.42	-163	86	-1.90
PATANJALI	3,887	8,723	0.45	43	46	0.93
PAYTM	7,730	12,857	0.60	73	711	0.10
PERSISTENT	6,360	10,751	0.59	-262	294	-0.89
PETRONET	9,034	8,840	1.02	35	148	0.24
PFC	20,926	36,811	0.57	317	2,822	0.11
PGEL	7,796	12,147	0.64	-101	146	-0.69
PHOENIXLTD	1,661	3,410	0.49	-29	122	-0.24
PIDILITIND	1,951	2,559	0.76	-38	-109	0.35
PIIND	3,607	5,722	0.63	-44	-241	0.18
PNB	11,561	22,581	0.51	148	935	0.16
PNBHOUSING	7,352	11,986	0.61	-166	-430	0.39
POLICYBZR	5,936	8,601	0.69	1,099	2,082	0.53
POLYCAB	4,177	6,062	0.69	64	426	0.15
POWERGRID	10,696	17,681	0.60	-179	465	-0.38
POWERINDIA	4,071	10,916	0.37	-139	246	-0.57
PPLPHARMA	2,888	7,229	0.40	110	307	0.36
PRESTIGE	2,786	4,280	0.65	86	358	0.24
RBLBANK	4,787	7,703	0.62	118	316	0.37
RECLTD	21,853	35,096	0.62	71	2,062	0.03
RELIANCE	49,088	97,861	0.50	0	0	0.00
RVNL	6,407	12,465	0.51	17	702	0.02
SAIL	5,951	10,671	0.56	41	256	0.16
SAMMAANCAP	6,671	12,344	0.54	0	0	0.00
SBICARD	4,912	7,462	0.66	390	755	0.52
SBILIFE	6,337	12,085	0.52	167	368	0.45
SBIN	40,023	67,677	0.59	-287	2,911	-0.10
SHREECEM	2,321	5,857	0.40	401	2,397	0.17
SHRIRAMFIN	12,635	21,106	0.60	33	168	0.20
SIEMENS	8,905	17,877	0.50	0	0	0.00
SOLARINDS	3,896	10,602	0.37	0	0	0.00
SONACOMS	2,596	5,573	0.47	0	0	0.00
SRF	7,149	9,370	0.76	359	532	0.67
SUNPHARMA	6,535	19,987	0.33	-428	106	-4.08
SUPREMEIND	4,774	7,868	0.61	491	464	1.06
SUZLON	10,633	23,693	0.45	0	0	0.00
SYNGENE	1,420	2,807	0.51	-136	34	-4.00
TATACONSUM	5,144	10,145	0.51	271	403	0.67
TATAELXSI	5,448	15,036	0.36	10	272	0.04
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	19,412	26,898	0.72	-131	639	-0.21
TATASTEEL	15,517	26,286	0.59	-885	313	-2.83
TATATECH	4,609	7,516	0.61	0	0	0.00
TCS	37,750	48,932	0.77	-768	836	-0.92
TECHM	7,470	9,563	0.78	-24	-1	24.00
TIINDIA	4,701	7,744	0.61	0	0	0.00
TITAGARH	2,611	5,166	0.51	0	0	0.00
TITAN	14,623	21,438	0.68	2,624	534	4.91
TMPV	40,278	87,280	0.46	14	18	0.78
TORNTPHARM	1,145	2,639	0.43	9	190	0.05
TORNTPOWER	2,024	3,209	0.63	-171	248	-0.69
TRENT	26,648	49,951	0.53	0	0	0.00
TVSMOTOR	9,476	9,553	0.99	79	27	2.93
ULTRACEMCO	11,145	18,932	0.59	-378	1,657	-0.23
UNIONBANK	5,574	8,235	0.68	-117	35	-3.34
UNITDSPR	6,540	8,658	0.76	-2	110	-0.02
UNOMINDA	2,843	5,018	0.57	-17	34	-0.50
UPL	4,630	6,720	0.69	-213	113	-1.88
VBL	10,147	23,541	0.43	368	879	0.42
VEDL	38,369	41,645	0.92	10,190	7,104	1.43
VOLTAS	6,501	7,177	0.91	-58	-336	0.17
WIPRO	10,826	13,777	0.79	-191	-149	1.28
YESBANK	6,423	13,307	0.48	28	146	0.19
ZYDUSLIFE	3,450	4,923	0.70	160	489	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 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

DIXON

DLF

DMART

DRREDDY

EICHERMOT

ETERNAL

EURINR

EURUSD

EXIDEIND

FEDERALBNK

FINNIFTY

FORTIS

GAIL

GBPINR

GBPUSD

GLENMARK

GMRAIRPORT

GODREJCP

GODREJPROP

GOLD