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.

USDJPY

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 Japanese Yen

0 0.00 (0.00%)

L: 0 H: 0

Put-Call Ratio - USDJPY

09 Dec 2025 10:21 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 9:20 USDJPY was trading at 0 with pcr value 0

On 9:25 USDJPY was trading at 0 with pcr value 0

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

On 9:35 USDJPY was trading at 0 with pcr value 0

On 9:40 USDJPY was trading at 0 with pcr value 0

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

On 9:50 USDJPY was trading at 0 with pcr value 0

On 9:55 USDJPY was trading at 0 with pcr value 0

On 10:00 USDJPY was trading at 0 with pcr value 0

On 10:05 USDJPY was trading at 0 with pcr value 0

On 10:10 USDJPY was trading at 0 with pcr value 0

On 10:15 USDJPY was trading at 0 with pcr value 0

On 10:20 USDJPY was trading at 0 with pcr value 0

On 10:22 USDJPY 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	1,288	2,549	0.51	71	-16	-4.44
ABB	3,983	6,259	0.64	6	-12	-0.50
ABCAPITAL	3,935	5,849	0.67	103	106	0.97
ADANIENSOL	2,681	5,056	0.53	50	101	0.50
ADANIENT	19,459	43,243	0.45	299	886	0.34
ADANIGREEN	9,340	19,245	0.49	194	123	1.58
ADANIPORTS	9,137	17,501	0.52	-121	-12	10.08
ALKEM	595	1,175	0.51	-7	27	-0.26
AMBER	5,957	12,760	0.47	-44	241	-0.18
AMBUJACEM	6,083	11,079	0.55	-183	-36	5.08
ANGELONE	8,641	18,844	0.46	450	490	0.92
APLAPOLLO	1,426	2,043	0.70	71	46	1.54
APOLLOHOSP	6,033	12,973	0.47	-30	86	-0.35
ASHOKLEY	9,535	11,749	0.81	-529	523	-1.01
ASIANPAINT	17,245	25,624	0.67	1,259	4,766	0.26
ASTRAL	3,402	5,835	0.58	105	183	0.57
AUBANK	4,843	5,037	0.96	295	135	2.19
AUROPHARMA	3,555	8,997	0.40	-87	-140	0.62
AXISBANK	13,276	26,322	0.50	-68	1,299	-0.05
BAJAJ-AUTO	14,155	26,066	0.54	-46	-468	0.10
BAJAJFINSV	11,911	19,166	0.62	289	1,610	0.18
BAJFINANCE	20,285	29,718	0.68	631	825	0.76
BANDHANBNK	7,083	8,449	0.84	-95	-112	0.85
BANKBARODA	10,859	14,129	0.77	-60	119	-0.50
BANKINDIA	2,003	4,253	0.47	-38	74	-0.51
BDL	7,261	15,930	0.46	216	888	0.24
BEL	25,547	56,139	0.46	412	1,965	0.21
BHARATFORG	3,869	5,642	0.69	94	-255	-0.37
BHARTIARTL	17,044	35,307	0.48	-31	1,567	-0.02
BHEL	7,936	20,725	0.38	119	1,293	0.09
BIOCON	5,985	13,527	0.44	-52	283	-0.18
BLUESTARCO	513	901	0.57	-14	-20	0.70
BOSCHLTD	1,247	2,249	0.55	31	116	0.27
BPCL	4,409	6,420	0.69	-2	37	-0.05
BRITANNIA	3,716	6,503	0.57	160	198	0.81
BSE	15,416	25,737	0.60	755	2,833	0.27
CAMS	4,035	7,681	0.53	29	122	0.24
CANBK	11,584	16,026	0.72	-375	450	-0.83
CDSL	10,226	20,324	0.50	1,019	1,037	0.98
CGPOWER	4,555	9,028	0.50	-13	-174	0.07
CHOLAFIN	2,922	5,239	0.56	-14	18	-0.78
CIPLA	9,906	10,953	0.90	144	167	0.86
COALINDIA	8,874	11,371	0.78	125	-99	-1.26
COFORGE	8,664	17,179	0.50	-116	431	-0.27
COLPAL	6,046	7,779	0.78	1	-57	-0.02
CONCOR	5,239	8,371	0.63	12	87	0.14
CROMPTON	5,211	9,809	0.53	80	32	2.50
CUMMINSIND	2,833	3,925	0.72	5	23	0.22
CYIENT	1,707	2,755	0.62	-35	-41	0.85
DABUR	4,101	6,940	0.59	12	140	0.09
DALBHARAT	1,266	2,524	0.50	140	-16	-8.75
DELHIVERY	3,493	5,989	0.58	220	424	0.52
DIVISLAB	5,633	8,399	0.67	94	-88	-1.07
DIXON	20,974	48,679	0.43	75	2,178	0.03
DLF	14,000	22,313	0.63	-85	-40	2.13
DMART	5,170	10,469	0.49	13	98	0.13
DRREDDY	4,182	9,594	0.44	-94	100	-0.94
EICHERMOT	9,126	12,554	0.73	-59	137	-0.43
ETERNAL	16,533	31,134	0.53	489	932	0.52
EXIDEIND	3,422	4,911	0.70	63	135	0.47
FEDERALBNK	6,063	7,102	0.85	18	-31	-0.58
FORTIS	2,693	8,083	0.33	-1	311	-0.00
GAIL	11,424	19,146	0.60	76	-8	-9.50
GLENMARK	8,020	11,108	0.72	294	286	1.03
GMRAIRPORT	8,324	17,567	0.47	48	1,055	0.05
GODREJCP	2,778	3,982	0.70	45	29	1.55
GODREJPROP	6,632	14,129	0.47	165	-297	-0.56
GRASIM	7,310	8,917	0.82	-12	57	-0.21
HAL	26,811	51,455	0.52	1,620	1,314	1.23
HAVELLS	3,472	4,285	0.81	62	-50	-1.24
HCLTECH	11,051	17,578	0.63	111	48	2.31
HDFCAMC	3,686	4,980	0.74	95	35	2.71
HDFCBANK	41,973	59,615	0.70	1,500	1,809	0.83
HDFCLIFE	6,295	13,272	0.47	60	651	0.09
HEROMOTOCO	13,904	15,868	0.88	466	98	4.76
HFCL	3,565	9,632	0.37	147	65	2.26
HINDALCO	14,244	19,348	0.74	-224	-172	1.30
HINDPETRO	3,810	5,890	0.65	52	188	0.28
HINDUNILVR	6,048	12,890	0.47	321	851	0.38
HINDZINC	8,619	16,276	0.53	-123	7	-17.57
HUDCO	5,370	11,691	0.46	97	282	0.34
ICICIBANK	29,422	39,494	0.74	-206	828	-0.25
ICICIGI	2,647	3,323	0.80	24	352	0.07
ICICIPRULI	1,830	3,011	0.61	41	63	0.65
IDEA	14,581	29,347	0.50	71	98	0.72
IDFCFIRSTB	8,565	14,595	0.59	-79	93	-0.85
IEX	7,577	11,684	0.65	-25	-3	8.33
IIFL	2,110	3,658	0.58	-32	-111	0.29
INDHOTEL	5,179	8,666	0.60	31	144	0.21
INDIANB	4,288	10,404	0.41	-10	129	-0.08
INDIGO	52,294	82,151	0.64	6,500	5,215	1.25
INDUSINDBK	11,941	17,407	0.69	305	59	5.17
INDUSTOWER	8,332	13,577	0.61	169	24	7.04
INFY	37,669	57,574	0.65	-1,386	-795	1.74
INOXWIND	6,474	12,043	0.54	322	348	0.93
IOC	5,174	10,195	0.51	90	242	0.37
IRCTC	6,254	10,375	0.60	90	193	0.47
IREDA	4,798	10,205	0.47	48	214	0.22
IRFC	3,456	8,360	0.41	84	48	1.75
ITC	23,886	30,653	0.78	82	-46	-1.78
JINDALSTEL	5,417	7,697	0.70	27	121	0.22
JIOFIN	17,806	25,032	0.71	-170	1,072	-0.16
JSWENERGY	8,224	17,117	0.48	58	-60	-0.97
JSWSTEEL	12,939	25,369	0.51	17	509	0.03
JUBLFOOD	3,340	5,799	0.58	-10	30	-0.33
KALYANKJIL	4,683	8,220	0.57	322	683	0.47
KAYNES	17,858	55,444	0.32	-314	-495	0.63
KEI	1,338	2,613	0.51	103	-41	-2.51
KFINTECH	3,515	6,536	0.54	393	486	0.81
KOTAKBANK	13,933	18,030	0.77	-504	457	-1.10
KPITTECH	2,407	4,777	0.50	73	71	1.03
LAURUSLABS	4,226	8,463	0.50	27	270	0.10
LICHSGFIN	6,798	9,304	0.73	-96	22	-4.36
LICI	5,571	9,960	0.56	-81	404	-0.20
LODHA	4,335	9,414	0.46	59	294	0.20
LT	16,024	25,828	0.62	7	1,020	0.01
LTF	4,614	7,063	0.65	0	-66	0.00
LTIM	4,093	5,094	0.80	176	-23	-7.65
LUPIN	4,015	6,389	0.63	-56	19	-2.95
M&M	15,773	25,821	0.61	-179	857	-0.21
MANAPPURAM	2,585	5,197	0.50	85	102	0.83
MANKIND	2,031	3,622	0.56	-2	53	-0.04
MARICO	2,670	3,420	0.78	-70	43	-1.63
MARUTI	19,915	27,207	0.73	-424	806	-0.53
MAXHEALTH	4,839	9,333	0.52	-33	-63	0.52
MAZDOCK	9,266	18,388	0.50	324	786	0.41
MCX	13,634	19,426	0.70	-40	898	-0.04
MFSL	2,157	4,419	0.49	-35	27	-1.30
MOTHERSON	5,310	8,626	0.62	-254	76	-3.34
MPHASIS	3,118	4,189	0.74	81	217	0.37
MUTHOOTFIN	4,105	9,212	0.45	-13	-212	0.06
NATIONALUM	5,456	7,620	0.72	90	620	0.15
NAUKRI	4,971	7,326	0.68	-341	56	-6.09
NBCC	2,547	5,723	0.45	120	71	1.69
NCC	2,908	6,446	0.45	-64	-37	1.73
NESTLEIND	4,514	13,660	0.33	77	713	0.11
NHPC	2,535	4,878	0.52	-11	-16	0.69
NMDC	9,943	12,720	0.78	71	122	0.59
NTPC	13,572	21,568	0.63	-335	2,044	-0.16
NUVAMA	1,764	4,200	0.42	108	92	1.17
NYKAA	2,159	6,056	0.36	224	175	1.28
OBEROIRLTY	3,609	6,115	0.59	43	140	0.31
OFSS	4,285	7,064	0.61	82	109	0.75
OIL	1,661	3,391	0.49	14	98	0.14
ONGC	5,694	17,003	0.33	-10	-2	5.00
PAGEIND	2,402	6,276	0.38	-43	93	-0.46
PATANJALI	2,320	6,168	0.38	-91	61	-1.49
PAYTM	7,182	10,646	0.67	-24	42	-0.57
PERSISTENT	4,264	7,454	0.57	216	298	0.72
PETRONET	7,434	7,012	1.06	222	171	1.30
PFC	18,071	31,258	0.58	50	-264	-0.19
PGEL	8,475	16,994	0.50	523	2,417	0.22
PHOENIXLTD	1,347	2,700	0.50	-86	1	-86.00
PIDILITIND	1,780	2,034	0.88	6	-43	-0.14
PIIND	2,867	3,183	0.90	408	99	4.12
PNB	10,828	20,567	0.53	3	738	0.00
PNBHOUSING	3,604	4,812	0.75	100	197	0.51
POLICYBZR	3,412	5,308	0.64	-71	-54	1.31
POLYCAB	3,301	6,535	0.51	-97	172	-0.56
POWERGRID	8,308	13,005	0.64	45	174	0.26
POWERINDIA	4,467	11,544	0.39	-181	219	-0.83
PPLPHARMA	1,561	5,039	0.31	-35	22	-1.59
PRESTIGE	2,617	3,565	0.73	176	-378	-0.47
RBLBANK	3,889	6,890	0.56	55	182	0.30
RECLTD	20,119	30,719	0.65	100	946	0.11
RELIANCE	46,846	89,573	0.52	-134	2,053	-0.07
RVNL	6,154	13,991	0.44	-112	-41	2.73
SAIL	4,793	8,846	0.54	-9	165	-0.05
SAMMAANCAP	3,578	7,987	0.45	-19	-16	1.19
SBICARD	4,220	6,713	0.63	-71	71	-1.00
SBILIFE	4,218	7,964	0.53	-461	230	-2.00
SBIN	38,661	65,713	0.59	1,547	1,483	1.04
SHREECEM	963	2,055	0.47	20	-47	-0.43
SHRIRAMFIN	11,002	17,902	0.61	55	264	0.21
SIEMENS	5,098	11,542	0.44	836	530	1.58
SOLARINDS	3,009	7,289	0.41	57	306	0.19
SONACOMS	1,980	4,952	0.40	-6	122	-0.05
SRF	5,400	11,273	0.48	-45	94	-0.48
SUNPHARMA	4,326	12,570	0.34	-235	-762	0.31
SUPREMEIND	2,325	6,092	0.38	-36	-32	1.13
SUZLON	8,422	22,493	0.37	219	386	0.57
SYNGENE	1,285	2,292	0.56	-7	-66	0.11
TATACONSUM	3,549	8,177	0.43	-88	-33	2.67
TATAELXSI	4,164	11,009	0.38	-21	131	-0.16
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	17,662	26,559	0.67	481	-300	-1.60
TATASTEEL	14,374	31,843	0.45	208	267	0.78
TATATECH	4,018	6,690	0.60	-8	51	-0.16
TCS	35,690	44,050	0.81	-1,491	-555	2.69
TECHM	6,489	8,574	0.76	-86	47	-1.83
TIINDIA	1,950	5,077	0.38	113	-133	-0.85
TITAGARH	2,129	5,176	0.41	-12	71	-0.17
TITAN	10,412	18,931	0.55	257	1,053	0.24
TMPV	37,157	85,056	0.44	0	1,799	0.00
TORNTPHARM	649	2,125	0.31	13	107	0.12
TORNTPOWER	1,350	2,781	0.49	22	89	0.25
TRENT	23,674	40,857	0.58	1,632	2,054	0.79
TVSMOTOR	8,582	9,850	0.87	-114	-184	0.62
ULTRACEMCO	9,325	15,883	0.59	128	681	0.19
UNIONBANK	5,180	9,245	0.56	-168	-24	7.00
UNITDSPR	4,734	7,849	0.60	-52	-58	0.90
UNOMINDA	2,714	4,529	0.60	-53	80	-0.66
UPL	3,828	5,370	0.71	-118	-195	0.61
VBL	7,801	20,680	0.38	218	93	2.34
VEDL	19,080	33,720	0.57	71	371	0.19
VOLTAS	5,816	6,138	0.95	-59	-90	0.66
WIPRO	10,699	12,921	0.83	-101	-258	0.39
YESBANK	5,820	11,777	0.49	86	8	10.75
ZYDUSLIFE	2,667	3,270	0.82	66	-44	-1.50

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 USDJPY

USDJPY

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