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.

USDINR

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.

Us Dollar To Indian Rupee

0 0.00 (0.00%)

L: 0 H: 0

Put-Call Ratio - USDINR

19 Dec 2025 09:52 AM IST

Live

Expiry

Put OI

0

Call OI

0

PCR

NaN

Put OI Chg

0

Call OI Chg

0

COI PCR

NaN

COI Strength

0.00

Interval

On 9:30 USDINR was trading at 0 with pcr value 0

On 9:45 USDINR was trading at 0 with pcr value 0

On 9:53 USDINR was trading at 0 with pcr value 0

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	2,075	3,593	0.58	-10	17	-0.59
ABB	5,296	6,826	0.78	-42	-281	0.15
ABCAPITAL	4,634	8,117	0.57	-59	12	-4.92
ADANIENSOL	3,272	6,048	0.54	15	63	0.24
ADANIENT	26,566	44,445	0.60	-16	725	-0.02
ADANIGREEN	9,737	18,452	0.53	-12	2	-6.00
ADANIPORTS	9,287	18,970	0.49	70	341	0.21
ALKEM	1,301	2,031	0.64	66	-38	-1.74
AMBER	7,169	11,078	0.65	-99	82	-1.21
AMBUJACEM	8,321	11,551	0.72	10	86	0.12
ANGELONE	7,815	21,067	0.37	115	399	0.29
APLAPOLLO	2,298	2,794	0.82	67	191	0.35
APOLLOHOSP	8,988	18,111	0.50	123	-183	-0.67
ASHOKLEY	13,925	13,405	1.04	482	51	9.45
ASIANPAINT	16,685	34,528	0.48	43	-104	-0.41
ASTRAL	4,330	8,138	0.53	62	105	0.59
AUBANK	6,446	7,914	0.81	4	86	0.05
AUROPHARMA	5,264	11,292	0.47	520	1,164	0.45
AXISBANK	21,618	46,307	0.47	-118	-1,148	0.10
BAJAJ-AUTO	14,355	28,267	0.51	118	-248	-0.48
BAJAJFINSV	14,214	20,925	0.68	130	-328	-0.40
BAJFINANCE	22,954	38,974	0.59	-191	-796	0.24
BANDHANBNK	7,436	10,851	0.69	-186	-300	0.62
BANKBARODA	11,918	14,333	0.83	-4	-174	0.02
BANKINDIA	3,632	4,983	0.73	8	-20	-0.40
BDL	8,657	21,782	0.40	141	107	1.32
BEL	26,272	58,386	0.45	246	-1,036	-0.24
BHARATFORG	4,453	6,945	0.64	121	40	3.02
BHARTIARTL	18,999	40,295	0.47	378	1,239	0.31
BHEL	8,762	19,331	0.45	-33	195	-0.17
BIOCON	6,309	11,325	0.56	260	-425	-0.61
BLUESTARCO	1,772	1,827	0.97	13	-25	-0.52
BOSCHLTD	1,601	3,861	0.41	-5	65	-0.08
BPCL	5,457	9,198	0.59	42	-184	-0.23
BRITANNIA	6,166	10,394	0.59	-10	-74	0.14
BSE	17,347	31,935	0.54	339	-176	-1.93
CAMS	4,826	7,746	0.62	30	-118	-0.25
CANBK	12,484	15,238	0.82	348	140	2.49
CDSL	9,619	22,803	0.42	-89	-74	1.20
CGPOWER	4,501	10,564	0.43	-99	-111	0.89
CHOLAFIN	8,999	9,453	0.95	754	160	4.71
CIPLA	10,404	14,542	0.72	476	-492	-0.97
COALINDIA	13,173	12,919	1.02	109	-128	-0.85
COFORGE	9,101	20,327	0.45	284	656	0.43
COLPAL	7,860	12,745	0.62	19	207	0.09
CONCOR	7,772	10,239	0.76	19	60	0.32
CROMPTON	6,921	13,991	0.49	58	534	0.11
CUMMINSIND	3,858	6,380	0.60	15	-4	-3.75
CYIENT	2,372	3,700	0.64	15	22	0.68
DABUR	6,475	11,721	0.55	-18	81	-0.22
DALBHARAT	2,814	4,434	0.63	22	55	0.40
DELHIVERY	4,044	6,296	0.64	38	-3	-12.67
DIVISLAB	8,677	14,675	0.59	1,934	5,055	0.38
DIXON	35,671	69,468	0.51	387	2,839	0.14
DLF	17,003	25,882	0.66	-574	-113	5.08
DMART	7,309	17,721	0.41	-25	306	-0.08
DRREDDY	5,348	10,605	0.50	161	223	0.72
EICHERMOT	11,050	14,879	0.74	494	-133	-3.71
ETERNAL	18,404	35,757	0.51	-241	-510	0.47
EXIDEIND	4,328	6,759	0.64	-27	17	-1.59
FEDERALBNK	8,493	7,927	1.07	209	37	5.65
FORTIS	3,656	7,869	0.46	131	-158	-0.83
GAIL	13,098	19,811	0.66	-50	-232	0.22
GLENMARK	7,695	10,819	0.71	-91	277	-0.33
GMRAIRPORT	10,470	21,239	0.49	-48	361	-0.13
GODREJCP	3,769	5,534	0.68	-13	71	-0.18
GODREJPROP	6,892	11,885	0.58	-23	-154	0.15
GRASIM	9,497	8,550	1.11	85	-11	-7.73
HAL	28,494	54,102	0.53	-4	-715	0.01
HAVELLS	3,866	4,864	0.79	90	-30	-3.00
HCLTECH	12,370	22,219	0.56	599	1,686	0.36
HDFCAMC	10,537	10,693	0.99	-920	-925	0.99
HDFCBANK	43,794	77,577	0.56	1,004	717	1.40
HDFCLIFE	7,069	16,343	0.43	-17	7	-2.43
HEROMOTOCO	14,082	31,620	0.45	459	-137	-3.35
HFCL	4,961	11,552	0.43	11	-2	-5.50
HINDALCO	15,769	20,513	0.77	135	-123	-1.10
HINDPETRO	4,089	6,964	0.59	38	68	0.56
HINDUNILVR	9,839	20,693	0.48	-13	-53	0.25
HINDZINC	25,620	36,587	0.70	-746	949	-0.79
HUDCO	6,424	14,768	0.43	14	32	0.44
ICICIBANK	30,887	51,449	0.60	-551	1,140	-0.48
ICICIGI	3,176	5,984	0.53	-14	0	0.00
ICICIPRULI	2,407	5,005	0.48	47	106	0.44
IDEA	13,950	25,113	0.56	-133	-148	0.90
IDFCFIRSTB	9,666	12,243	0.79	-47	92	-0.51
IEX	8,309	11,345	0.73	5	55	0.09
IIFL	2,669	4,402	0.61	12	56	0.21
INDHOTEL	6,366	9,560	0.67	86	-393	-0.22
INDIANB	4,783	11,798	0.41	-39	-71	0.55
INDIGO	53,429	97,543	0.55	100	840	0.12
INDUSINDBK	12,883	18,718	0.69	89	601	0.15
INDUSTOWER	8,483	14,154	0.60	-60	-380	0.16
INFY	48,380	69,938	0.69	1,101	5,900	0.19
INOXWIND	6,725	13,733	0.49	7	-66	-0.11
IOC	7,620	11,745	0.65	-65	98	-0.66
IRCTC	7,083	10,456	0.68	10	-126	-0.08
IREDA	5,130	10,305	0.50	3	11	0.27
IRFC	4,649	9,315	0.50	-11	-29	0.38
ITC	20,311	34,155	0.59	-93	-117	0.79
JINDALSTEL	5,651	9,168	0.62	0	-17	0.00
JIOFIN	18,378	25,921	0.71	124	-776	-0.16
JSWENERGY	9,593	15,219	0.63	3	104	0.03
JSWSTEEL	11,756	27,913	0.42	-56	290	-0.19
JUBLFOOD	6,074	10,370	0.59	27	82	0.33
KALYANKJIL	4,763	9,436	0.50	-1	29	-0.03
KAYNES	29,833	76,115	0.39	535	1,086	0.49
KEI	2,668	4,159	0.64	96	411	0.23
KFINTECH	4,341	5,775	0.75	110	318	0.35
KOTAKBANK	17,653	21,307	0.83	63	253	0.25
KPITTECH	3,811	6,703	0.57	-16	-99	0.16
LAURUSLABS	6,068	9,838	0.62	813	573	1.42
LICHSGFIN	7,599	9,327	0.81	0	59	0.00
LICI	6,110	11,951	0.51	38	-24	-1.58
LODHA	4,953	10,732	0.46	81	-198	-0.41
LT	17,798	31,363	0.57	257	-251	-1.02
LTF	5,112	7,992	0.64	19	8	2.38
LTIM	5,550	8,730	0.64	812	2,499	0.32
LUPIN	5,470	6,414	0.85	196	-236	-0.83
M&M	17,195	32,945	0.52	92	265	0.35
MANAPPURAM	3,735	6,360	0.59	-42	30	-1.40
MANKIND	2,418	4,544	0.53	30	-38	-0.79
MARICO	3,256	5,085	0.64	90	208	0.43
MARUTI	28,201	31,685	0.89	111	568	0.20
MAXHEALTH	6,610	12,176	0.54	234	1,076	0.22
MAZDOCK	10,118	22,354	0.45	-4	-190	0.02
MCX	15,774	22,706	0.69	1,024	395	2.59
MFSL	2,411	4,395	0.55	11	21	0.52
MOTHERSON	6,040	8,840	0.68	-7	-52	0.13
MPHASIS	4,082	5,587	0.73	219	310	0.71
MUTHOOTFIN	5,513	10,760	0.51	16	162	0.10
NATIONALUM	6,936	8,303	0.84	72	65	1.11
NAUKRI	5,799	7,437	0.78	3	205	0.01
NBCC	3,314	9,190	0.36	-67	87	-0.77
NCC	3,742	9,056	0.41	6	60	0.10
NESTLEIND	4,355	14,480	0.30	39	212	0.18
NHPC	3,225	7,141	0.45	49	9	5.44
NMDC	10,069	14,139	0.71	43	362	0.12
NTPC	13,923	23,211	0.60	-214	-25	8.43
NUVAMA	2,999	6,258	0.48	66	416	0.16
NYKAA	2,798	7,181	0.39	-12	30	-0.40
OBEROIRLTY	3,855	5,164	0.75	151	11	13.73
OFSS	6,358	11,798	0.54	348	694	0.50
OIL	2,537	4,725	0.54	-38	-57	0.67
ONGC	10,739	26,833	0.40	-5	127	-0.04
PAGEIND	3,548	8,889	0.40	-11	330	-0.03
PATANJALI	4,664	8,395	0.56	-63	-40	1.57
PAYTM	8,446	13,862	0.61	431	-25	-17.24
PERSISTENT	7,366	12,167	0.61	535	1,161	0.46
PETRONET	9,026	8,545	1.06	24	1	24.00
PFC	21,303	33,645	0.63	-106	-1,121	0.09
PGEL	7,748	12,034	0.64	19	240	0.08
PHOENIXLTD	1,766	3,386	0.52	-5	-64	0.08
PIDILITIND	1,925	2,805	0.69	-1	51	-0.02
PIIND	3,769	5,719	0.66	1	83	0.01
PNB	11,554	20,842	0.55	-26	-137	0.19
PNBHOUSING	6,952	11,841	0.59	59	-86	-0.69
POLICYBZR	5,921	8,282	0.71	73	-92	-0.79
POLYCAB	5,603	8,404	0.67	878	645	1.36
POWERGRID	10,750	17,639	0.61	-12	-229	0.05
POWERINDIA	4,417	13,223	0.33	319	286	1.12
PPLPHARMA	3,021	7,300	0.41	18	129	0.14
PRESTIGE	2,749	4,279	0.64	3	-37	-0.08
RBLBANK	4,838	8,067	0.60	7	42	0.17
RECLTD	21,504	32,968	0.65	-209	-284	0.74
RELIANCE	50,044	91,445	0.55	793	-3,275	-0.24
RVNL	6,099	12,801	0.48	-8	-160	0.05
SAIL	5,872	11,272	0.52	-115	434	-0.26
SAMMAANCAP	9,069	13,436	0.67	-213	-133	1.60
SBICARD	4,822	6,999	0.69	33	-28	-1.18
SBILIFE	5,467	11,552	0.47	-40	33	-1.21
SBIN	40,919	58,754	0.70	-412	479	-0.86
SHREECEM	2,627	6,384	0.41	365	509	0.72
SHRIRAMFIN	15,903	23,911	0.67	426	905	0.47
SIEMENS	8,775	19,451	0.45	121	-204	-0.59
SOLARINDS	4,167	11,081	0.38	-22	511	-0.04
SONACOMS	2,582	5,574	0.46	18	-31	-0.58
SRF	7,273	9,024	0.81	-119	33	-3.61
SUNPHARMA	8,634	24,635	0.35	66	-1,539	-0.04
SUPREMEIND	4,211	7,089	0.59	23	86	0.27
SUZLON	10,130	25,075	0.40	-4	109	-0.04
SYNGENE	1,563	3,500	0.45	99	79	1.25
TATACONSUM	5,159	9,815	0.53	5	-5	-1.00
TATAELXSI	6,502	15,771	0.41	1,008	911	1.11
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	19,219	28,152	0.68	1	-177	-0.01
TATASTEEL	14,941	27,540	0.54	52	492	0.11
TATATECH	4,697	7,557	0.62	-29	-44	0.66
TCS	36,126	47,282	0.76	358	584	0.61
TECHM	8,687	10,259	0.85	5	166	0.03
TIINDIA	4,907	7,657	0.64	-14	-24	0.58
TITAGARH	2,720	5,627	0.48	3	23	0.13
TITAN	13,332	21,471	0.62	120	821	0.15
TMPV	38,941	78,196	0.50	-1,272	-1,795	0.71
TORNTPHARM	1,272	2,510	0.51	90	21	4.29
TORNTPOWER	1,828	3,460	0.53	-12	-53	0.23
TRENT	26,183	51,507	0.51	-54	-608	0.09
TVSMOTOR	9,304	9,297	1.00	219	-179	-1.22
ULTRACEMCO	11,548	21,337	0.54	65	92	0.71
UNIONBANK	5,281	8,023	0.66	29	89	0.33
UNITDSPR	8,196	10,261	0.80	6	220	0.03
UNOMINDA	2,794	5,370	0.52	4	0	0.00
UPL	4,848	6,882	0.70	-27	46	-0.59
VBL	9,372	18,552	0.51	-9	-104	0.09
VEDL	42,809	40,133	1.07	172	333	0.52
VOLTAS	6,890	9,603	0.72	141	748	0.19
WIPRO	12,302	14,573	0.84	467	442	1.06
YESBANK	6,371	12,945	0.49	8	-42	-0.19
ZYDUSLIFE	3,516	4,635	0.76	-21	-158	0.13

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 USDINR

USDINR

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