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Put Call Ratio

INDEX

PCR OI

Symbol
Put
Call
Ratio

NIFTY

20,03,82,905

17,10,11,030.00

1.17

Note: OI Figures are in Thousands

PCR Volume

Symbol
Put
Call
Ratio

NIFTY

9,81,08,74,200

9,79,32,60,375.00

1.00

Note: Volume Figures are in Thousands

STOCKS

PCR OI

Symbol
Put
Call
Ratio

28,72,800

45,04,500.00

0.64

16,17,20,000

24,70,89,500.00

0.65

2,99,61,000

3,84,30,000.00

0.78

13,68,750

24,57,750.00

0.56

1,66,64,650

2,03,07,850.00

0.82

55,06,300

1,22,66,175.00

0.45

66,65,245

1,48,73,835.00

0.45

8,01,900

12,39,150.00

0.65

20,95,200

28,89,200.00

0.73

1,37,48,475

2,02,44,375.00

0.68

2,50,900

6,33,400.00

0.40

24,59,450

29,86,900.00

0.82

16,18,500

39,80,000.00

0.41

6,42,000

8,50,875.00

0.75

2,21,750

4,27,000.00

0.52

12,80,475

21,93,975.00

0.58

12,57,875

22,53,300.00

0.56

3,47,600

7,80,800.00

0.45

44,58,000

55,86,600.00

0.80

91,69,125

1,18,25,975.00

0.78

21,95,200

50,60,800.00

0.43

10,33,72,500

10,42,36,000.00

0.99

2,02,78,250

2,03,85,550.00

0.99

2,66,08,800

3,95,45,600.00

0.67

3,66,900

10,55,800.00

0.35

29,72,750

52,09,600.00

0.57

17,76,450

26,83,850.00

0.66

16,00,000

18,04,000.00

0.89

4,91,12,000

10,06,96,000.00

0.49

1,56,275

2,81,925.00

0.55

44,38,350

56,38,500.00

0.79

6,70,000

11,23,600.00

0.60

34,24,050

43,65,900.00

0.78

2,23,500

3,60,000.00

0.62

3,95,250

6,92,875.00

0.57

64,39,950

84,05,925.00

0.77

24,775

48,525.00

0.51

2,74,29,750

3,39,60,000.00

0.81

14,02,125

27,23,250.00

0.51

28,75,200

37,55,200.00

0.77

1,64,69,000

2,18,44,000.00

0.75

2,10,74,800

2,64,09,300.00

0.80

56,85,625

1,16,44,875.00

0.49

4,10,14,000

6,61,16,000.00

0.62

1,83,15,375

2,55,47,175.00

0.72

1,12,80,775

1,71,76,750.00

0.66

10,21,500

12,80,250.00

0.80

38,67,500

59,52,500.00

0.65

1,15,04,500

1,54,92,600.00

0.74

2,97,125

5,42,375.00

0.55

7,37,100

15,93,900.00

0.46

48,68,500

58,63,650.00

0.83

6,67,84,000

7,55,68,000.00

0.88

2,52,000

3,72,925.00

0.68

4,20,750

11,43,250.00

0.37

6,13,200

10,14,300.00

0.60

39,16,500

63,98,000.00

0.61

1,70,57,300

1,95,72,800.00

0.87

1,32,51,600

1,10,12,400.00

1.20

5,85,100

7,86,300.00

0.74

63,00,250

1,12,21,550.00

0.56

5,82,600

11,47,200.00

0.51

19,755

48,255.00

0.41

1,54,19,250

3,27,17,250.00

0.47

20,83,200

31,73,800.00

0.66

2,29,275

3,36,525.00

0.68

6,55,900

9,05,800.00

0.72

1,05,62,500

1,40,21,875.00

0.75

93,075

1,51,650.00

0.61

1,86,55,500

3,28,26,000.00

0.57

11,63,29,500

11,67,61,500.00

1.00

1,12,38,400

1,95,13,600.00

0.58

21,92,500

50,06,000.00

0.44

40,82,400

70,76,700.00

0.58

83,65,500

1,50,99,500.00

0.55

9,85,500

16,59,375.00

0.59

2,37,63,750

2,29,87,500.00

1.03

18,87,325

23,71,600.00

0.80

6,73,475

11,28,600.00

0.60

2,62,66,650

4,58,05,200.00

0.57

8,82,400

17,53,600.00

0.50

11,22,625

17,02,875.00

0.66

14,67,025

20,15,300.00

0.73

15,25,125

31,41,075.00

0.49

31,41,450

32,23,550.00

0.97

24,86,400

43,50,000.00

0.57

1,85,850

2,89,575.00

0.64

1,21,65,000

1,55,82,000.00

0.78

92,52,000

76,67,400.00

1.21

15,86,525

20,37,025.00

0.78

5,37,150

7,65,900.00

0.70

2,36,84,296

2,63,79,344.00

0.90

24,38,800

49,22,925.00

0.50

8,98,200

16,61,850.00

0.54

24,69,600

50,35,100.00

0.49

58,93,000

74,73,000.00

0.79

42,78,900

65,29,700.00

0.66

8,39,200

16,41,200.00

0.51

65,78,000

76,88,000.00

0.86

5,68,800

7,06,500.00

0.81

2,94,000

4,56,400.00

0.64

7,26,700

8,87,100.00

0.82

57,01,100

95,31,600.00

0.60

31,30,000

37,40,000.00

0.84

61,06,725

70,69,950.00

0.86

48,60,000

69,77,000.00

0.70

3,31,74,950

5,26,07,100.00

0.63

36,65,000

36,84,375.00

0.99

2,90,94,400

4,52,97,600.00

0.64

1,12,96,500

2,25,63,250.00

0.50

69,69,000

1,21,37,100.00

0.57

44,94,000

54,28,500.00

0.83

2,45,50,500

2,94,98,625.00

0.83

75,61,592

1,26,00,472.00

0.60

1,71,20,800

2,08,02,800.00

0.82

1,90,84,200

2,71,32,000.00

0.70

89,43,200

99,02,200.00

0.90

17,54,850

35,28,300.00

0.50

10,44,000

19,95,000.00

0.52

46,12,000

84,72,000.00

0.54

22,32,450

31,20,150.00

0.72

47,13,500

72,62,750.00

0.65

1,48,72,500

2,07,71,250.00

0.72

7,07,31,155

7,31,61,200.00

0.97

76,94,28,350

1,47,99,61,325.00

0.52

21,08,075

37,30,525.00

0.57

7,39,700

9,11,300.00

0.81

1,16,94,200

1,75,11,200.00

0.67

64,07,475

1,08,36,375.00

0.59

56,60,725

1,10,36,025.00

0.51

27,75,900

92,55,900.00

0.30

76,01,850

1,14,41,250.00

0.66

91,33,600

1,16,71,800.00

0.78

1,99,56,300

3,10,95,450.00

0.64

18,08,700

27,85,350.00

0.65

71,43,400

1,55,59,500.00

0.46

2,32,71,600

3,54,21,100.00

0.66

5,39,850

7,27,200.00

0.74

40,73,650

74,34,350.00

0.55

14,78,000

28,03,000.00

0.53

30,99,450

37,84,500.00

0.82

8,15,750

16,65,500.00

0.49

16,17,825

26,37,800.00

0.61

17,85,000

24,80,500.00

0.72

1,85,39,550

4,40,68,050.00

0.42

24,58,125

24,35,625.00

1.01

2,53,03,950

3,98,53,800.00

0.63

12,36,900

22,56,800.00

0.55

2,78,90,000

3,36,45,000.00

0.83

94,60,800

1,41,53,400.00

0.67

3,86,08,425

6,46,72,330.00

0.60

33,36,900

31,57,875.00

1.06

43,03,750

72,60,000.00

0.59

6,95,250

12,12,000.00

0.57

77,19,525

1,12,05,150.00

0.69

7,23,450

7,44,550.00

0.97

5,45,500

7,23,800.00

0.75

49,11,525

76,48,450.00

0.64

3,81,550

7,59,850.00

0.50

84,81,250

1,21,72,500.00

0.70

6,83,825

9,62,200.00

0.71

5,07,800

8,07,400.00

0.63

33,82,200

44,53,200.00

0.76

41,17,500

55,20,000.00

0.75

14,01,975

21,92,175.00

0.64

22,24,500

41,23,125.00

0.54

1,72,97,550

2,25,55,800.00

0.77

18,88,875

50,86,125.00

0.37

24,87,500

25,09,375.00

0.99

53,31,200

80,45,250.00

0.66

35,80,075

46,26,975.00

0.77

6,47,39,250

7,10,10,000.00

0.91

4,54,650

5,95,650.00

0.76

64,71,000

87,09,000.00

0.74

9,56,125

12,47,125.00

0.77

66,34,025

98,17,725.00

0.68

62,775

99,400.00

0.63

4,73,200

8,78,800.00

0.54

72,22,500

1,04,77,500.00

0.69

1,73,11,875

2,09,97,375.00

0.82

53,03,850

82,27,475.00

0.64

37,11,500

45,73,000.00

0.81

3,30,00,150

4,55,40,150.00

0.72

12,51,250

19,03,850.00

0.66

89,07,600

1,17,98,800.00

0.75

2,93,40,675

3,60,18,450.00

0.81

1,36,04,400

1,85,25,600.00

0.73

1,17,74,250

1,25,82,750.00

0.94

40,02,500

52,65,000.00

0.76

9,42,975

13,90,500.00

0.68

1,06,09,375

1,68,56,875.00

0.63

23,74,900

33,52,250.00

0.71

40,25,000

66,17,000.00

0.61

15,07,475

30,35,775.00

0.50

20,89,000

46,26,750.00

0.45

3,95,50,000

5,62,35,000.00

0.70

4,64,875

7,73,375.00

0.60

9,18,400

7,94,150.00

1.16

17,67,000

26,58,250.00

0.66

54,88,350

76,97,550.00

0.71

3,75,300

4,94,200.00

0.76

1,47,125

2,51,875.00

0.58

50,26,925

49,10,550.00

1.02

23,70,600

33,81,600.00

0.70

51,48,900

50,58,900.00

1.02

20,35,800

29,99,700.00

0.68

93,21,700

2,00,72,500.00

0.46

6,60,625

8,84,125.00

0.75

8,07,000

10,43,500.00

0.77

Note: OI Figures are in Thousands

PCR Volume

Symbol
Put
Call
Ratio

26,35,200

1,13,84,100.00

0.23

3,60,76,000

16,96,81,600.00

0.21

4,43,13,000

12,54,00,000.00

0.35

9,28,875

27,40,500.00

0.34

70,70,200

1,48,71,800.00

0.48

29,40,725

71,26,825.00

0.41

77,35,695

2,80,83,730.00

0.28

6,38,550

11,72,050.00

0.54

5,01,200

17,52,000.00

0.29

23,14,275

69,91,500.00

0.33

1,86,300

4,85,600.00

0.38

22,24,600

41,21,250.00

0.54

37,70,900

72,08,800.00

0.52

4,45,875

7,84,125.00

0.57

1,62,500

6,36,000.00

0.26

16,09,300

20,96,850.00

0.77

34,74,200

1,92,18,300.00

0.18

12,43,800

64,43,400.00

0.19

42,84,000

1,29,53,400.00

0.33

59,96,550

1,52,99,900.00

0.39

8,02,400

62,44,800.00

0.13

7,21,76,500

13,26,10,500.00

0.54

90,85,700

1,37,47,450.00

0.66

2,71,82,400

6,14,87,200.00

0.44

17,24,800

95,34,000.00

0.18

10,19,150

28,11,600.00

0.36

3,81,550

16,13,950.00

0.24

22,11,000

25,63,000.00

0.86

96,80,000

4,24,72,000.00

0.23

2,64,075

3,14,125.00

0.84

21,58,450

60,29,100.00

0.36

6,60,400

14,25,200.00

0.46

22,09,200

44,38,350.00

0.50

3,17,100

2,96,625.00

1.07

6,67,625

24,40,250.00

0.27

19,63,500

48,11,400.00

0.41

27,275

63,000.00

0.43

1,60,56,000

2,41,64,250.00

0.66

17,94,000

40,29,750.00

0.45

18,04,800

58,89,600.00

0.31

48,89,100

85,74,200.00

0.57

1,52,28,000

2,39,93,500.00

0.63

28,69,625

1,38,93,000.00

0.21

2,03,48,500

4,11,99,000.00

0.49

60,38,400

81,35,775.00

0.74

3,84,175

1,61,925.00

2.37

3,39,750

4,42,350.00

0.77

7,97,500

28,62,500.00

0.28

42,48,400

1,23,36,700.00

0.34

6,75,125

10,26,625.00

0.66

8,94,600

47,08,550.00

0.19

14,00,750

40,39,750.00

0.35

1,90,88,000

3,37,76,000.00

0.57

89,425

2,55,500.00

0.35

1,80,250

11,34,250.00

0.16

6,58,000

14,29,050.00

0.46

28,42,700

87,70,300.00

0.32

50,96,000

72,16,300.00

0.71

7,34,400

27,90,000.00

0.26

9,91,100

29,36,200.00

0.34

1,11,61,375

1,99,63,600.00

0.56

1,27,800

4,42,500.00

0.29

10,965

59,340.00

0.18

1,58,96,250

3,37,99,500.00

0.47

7,93,800

25,63,400.00

0.31

2,03,475

7,68,825.00

0.26

6,52,750

3,88,150.00

1.68

2,22,75,000

3,27,96,875.00

0.68

32,850

2,03,100.00

0.16

1,09,66,500

2,38,99,500.00

0.46

9,20,16,000

13,11,52,500.00

0.70

27,26,400

71,80,800.00

0.38

12,15,000

35,67,000.00

0.34

19,65,600

46,30,500.00

0.42

18,65,500

64,54,500.00

0.29

12,19,125

58,05,750.00

0.21

2,93,28,750

3,17,25,000.00

0.92

20,31,150

43,87,350.00

0.46

9,28,675

31,58,925.00

0.29

2,28,16,500

6,14,56,950.00

0.37

5,71,200

13,13,600.00

0.43

24,76,625

32,75,625.00

0.76

3,79,750

11,87,725.00

0.32

8,64,150

18,91,575.00

0.46

31,17,200

60,56,700.00

0.51

8,24,400

21,12,000.00

0.39

1,74,600

6,90,750.00

0.25

64,74,000

2,02,17,000.00

0.32

1,02,33,800

1,35,34,400.00

0.76

6,71,500

15,69,100.00

0.43

14,02,050

19,68,000.00

0.71

1,16,32,434

1,47,06,752.00

0.79

20,83,200

41,86,525.00

0.50

2,22,750

6,97,050.00

0.32

8,63,800

16,63,200.00

0.52

9,14,000

16,75,000.00

0.55

26,77,500

87,73,700.00

0.31

9,38,800

49,76,800.00

0.19

95,33,600

1,31,40,400.00

0.73

76,950

3,06,900.00

0.25

1,09,725

3,17,975.00

0.35

9,56,600

26,06,800.00

0.37

37,76,450

99,05,250.00

0.38

10,91,250

24,43,750.00

0.45

51,33,375

89,58,600.00

0.57

24,60,000

28,03,000.00

0.88

1,62,38,500

3,78,09,150.00

0.43

25,49,375

33,41,875.00

0.76

1,55,84,000

3,35,12,000.00

0.47

76,11,750

2,75,44,250.00

0.28

12,79,950

45,64,350.00

0.28

6,90,375

18,43,625.00

0.37

77,85,375

1,46,34,750.00

0.53

20,87,536

45,80,800.00

0.46

4,63,27,200

11,59,91,200.00

0.40

1,81,66,200

4,04,09,000.00

0.45

40,10,300

65,13,500.00

0.62

11,68,800

25,22,550.00

0.46

4,05,000

12,94,000.00

0.31

27,11,000

57,92,000.00

0.47

8,81,100

21,26,850.00

0.41

65,42,250

86,24,000.00

0.76

28,27,500

81,00,000.00

0.35

4,10,14,050

8,44,76,700.00

0.49

18,25,47,150

1,26,76,80,600.00

0.14

10,85,950

30,01,625.00

0.36

3,41,900

6,27,900.00

0.54

93,38,700

1,68,93,100.00

0.55

79,67,025

2,63,45,850.00

0.30

15,36,150

53,94,900.00

0.28

26,20,500

70,06,500.00

0.37

32,27,850

77,96,250.00

0.41

74,01,800

1,19,05,600.00

0.62

88,68,750

2,45,35,800.00

0.36

22,32,600

41,68,200.00

0.54

54,43,900

1,25,26,800.00

0.43

2,28,63,500

3,64,38,600.00

0.63

6,55,500

9,76,800.00

0.67

42,87,150

1,30,74,250.00

0.33

12,44,500

34,65,500.00

0.36

11,25,450

27,44,400.00

0.41

3,59,000

12,25,750.00

0.29

6,92,725

14,73,175.00

0.47

9,99,000

21,97,000.00

0.45

1,58,68,125

8,11,47,150.00

0.20

46,21,500

1,51,21,125.00

0.31

54,74,700

1,84,96,800.00

0.30

5,39,400

13,87,250.00

0.39

70,80,000

1,44,35,000.00

0.49

62,74,800

1,68,31,800.00

0.37

2,93,71,600

4,15,83,900.00

0.71

59,47,550

1,24,28,150.00

0.48

47,72,500

2,29,26,875.00

0.21

5,25,900

17,03,850.00

0.31

40,35,075

81,01,500.00

0.50

7,78,100

12,85,300.00

0.61

2,43,300

5,98,700.00

0.41

78,35,200

1,18,02,600.00

0.66

98,800

2,82,100.00

0.35

25,25,000

58,70,000.00

0.43

1,35,575

10,18,300.00

0.13

6,67,800

27,78,400.00

0.24

11,10,600

24,15,600.00

0.46

8,75,000

22,00,000.00

0.40

4,87,350

15,03,000.00

0.32

33,46,875

1,01,57,625.00

0.33

66,71,700

1,30,80,150.00

0.51

9,81,750

32,10,000.00

0.31

29,97,500

47,69,375.00

0.63

39,63,550

1,00,93,750.00

0.39

26,09,650

56,05,475.00

0.47

2,48,33,250

3,39,79,500.00

0.73

4,35,600

5,75,100.00

0.76

56,81,625

92,34,000.00

0.62

6,00,375

10,71,750.00

0.56

61,02,750

1,37,18,350.00

0.44

30,950

1,12,725.00

0.27

2,64,875

10,68,600.00

0.25

28,37,500

81,95,000.00

0.35

73,99,875

1,29,43,875.00

0.57

48,51,650

1,18,32,725.00

0.41

43,74,000

59,89,500.00

0.73

1,41,73,050

2,26,54,650.00

0.63

4,58,900

12,23,625.00

0.38

9,10,000

29,17,200.00

0.31

86,19,975

2,05,94,925.00

0.42

23,43,600

50,22,000.00

0.47

86,04,750

1,19,30,250.00

0.72

38,75,500

1,10,19,000.00

0.35

20,25,825

41,60,925.00

0.49

62,08,750

1,32,63,125.00

0.47

14,15,150

22,98,450.00

0.62

14,97,000

28,00,000.00

0.53

19,32,900

55,08,425.00

0.35

20,20,250

41,83,250.00

0.48

4,18,35,000

10,38,80,000.00

0.40

4,36,625

17,45,875.00

0.25

7,00,700

9,98,550.00

0.70

6,58,750

18,38,250.00

0.36

9,48,150

32,74,950.00

0.29

9,97,100

28,64,300.00

0.35

36,375

2,71,875.00

0.13

92,38,750

2,45,85,050.00

0.38

17,40,600

47,83,200.00

0.36

15,48,900

40,83,300.00

0.38

15,55,200

75,76,875.00

0.21

89,90,000

2,99,11,900.00

0.30

4,38,875

9,47,750.00

0.46

2,30,500

10,96,000.00

0.21

Note: Volume Figures are in Thousands

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What is the Put Call Ratio?

The put and call ratio, commonly referred to as the PCR ratio, is a widely used technical indicator that helps analyze market sentiment by comparing the traded volume of put options against call options. A high PCR ratio live suggests bearish sentiment, while a low put call ratio signals bullish market conditions. This metric helps traders understand market optimism or pessimism.

How is PCR Calculated?

PCR can be calculated in two ways:

  1. Based on Open Interest

The Nifty put call ratio is derived by dividing the total open interest in put options by the total open interest in call options. Open interest represents unexercised and unexpired option contracts.

Formula: PCR = Total Open Interest of Put Options / Total Open Interest of Call Options

Example: If ABC Ltd. has:

  • Put options open interest: 2,000 contracts
  • Call options open interest: 5,000 contracts

Then, the put call ratio nifty is calculated as: PCR = 2,000 / 5,000 = 0.4

  1. Based on Trading Volume

The put call ratio today can also be calculated by comparing daily trading volumes of put and call options.

Formula: PCR = Total Trading Volume of Put Options / Total Trading Volume of Call Options

Example: If ABC Ltd. has:

  • Put options trading volume: 4,000 contracts
  • Call options trading volume: 16,000 contracts

Then, the put call ratio live for that day is: PCR = 4,000 / 16,000 = 0.25

How to Analyse PCR (Put Call Ratio)

Here’s a breakdown of PCR analysis depending on different scenarios:

  • Scenario: The Put Call Ratio Nifty rises as small declines are bought into an upward-rising market
    Signal: Positive
    Interpretation: It means that the upswing is expected to continue as put writers are actively engaged in writing during dips.
  • Scenario: The Nifty Put Call Ratio falls low as markets are gauging the levels of resistance
    Signal: Bearish
    Interpretation: It reflects that call writers are opening fresh positions expecting either a market pullback or restricted upside.
  • Scenario: The PCR is dropping in a declining market
    Signal: Bearish
    Interpretation: This means that option writers are selling call option strikes aggressively.

The Nifty put call ratio live chart is a powerful tool for traders to interpret market trends:

  • Rising PCR in a bullish market → Positive Signal: Suggests a continuing upswing as traders actively buy into declines.
  • Declining PCR in a bearish market → Bearish Signal: Indicates aggressive selling of call options, suggesting market weakness.

How to Trade Using a Put-Call Ratio

The rules and guidelines for PCR trading are as follows:

  • Identify Extremes: Look at the historical PCR values where the ratio reaches extreme values. Extreme peaks often mark overbought bearishness, which is typically taken back with a bullish reversal. Downside extremes may mark overbought bullishness, which is often taken back through the market pullback.
  • Use the PCR in Combination with Other Indicators: Most traders prefer to use PCR technically combined with other technical indicators. They tend to combine PCR either with moving averages or with the Relative Strength Index (RSI) in order to confirm the signals arising from PCR. This happens mainly to eliminate false interpretations and enhance strong trading decisions.
  • Market Context: Always look at the broader market context. If the PCR is high for an extended period of a downtrend, it may only be extending the bearish outlook. Conversely, this level of PCR in a sideways market might only suggest an oversold state.

To make informed trading decisions, traders use the PCR ratio live alongside other indicators like Relative Strength Index (RSI) and moving averages.

  1. Identify Extremes: High PCR suggests bearish overreaction, while low PCR indicates bullish saturation.
  2. Confirm with Other Indicators: Combining put call ratio nifty analysis with RSI helps minimize false signals.
  3. Market Context Matters: Extreme PCR levels in a sideways market might suggest oversold or overbought conditions.

Why is PCR Important?

PCR is one of the most significant measures that traders use when gauging market sentiment. The PCR live helps traders identify the underlying price movement of the security and guides them through placing directional bets on equities.As a contrarian signal, it helps traders avoid the pitfall of herd mentality.

Another way in which the Put/call ratio is used to study overall trading activity by market players is that it measures in terms of both open interest and volume.

PCR plays a crucial role in market analysis:

  • Sentiment Gauge: Helps understand market optimism or pessimism.
  • Contrarian Indicator: Extreme values signal potential trend reversals.
  • Risk Management: A high put call ratio may trigger protective measures.

Advantages of Put Call Ratio

  • Market Sentiment: PCR captures a snapshot of market sentiment and helps to trade towards a bullish or bearish interpretation from the market perspective.
  • Contrarian Indicator: It behaves as a contrarian sign. An extremely high or low PCR may indicate the approach of mood change in the market or an upbeat or depressive attitude.
  • Risk Management: Tracking PCR helps traders understand risks and make better decisions. A bearish PCR may lead to protective action, whereas a bullish PCR encourages greater risk-taking activities.
  • Volatility Indicator: As many traders and investors are buying put options as some form of hedging against the negative risks that may prevail, a higher rise in PCR is generally linked with increased market volatility.
  • Leading Indicator: The PCR can sometimes act as a leading indicator when extreme levels are reached.

Disadvantages of Put Call Ratio

  • Subjective Interpretation: The determination of what constitutes an “extreme” level would be subjective and may vary from trader to trader.
  • False Signals: As with any indicator, the PCR can produce false signals, especially if used without any other technical or fundamental analysis metrics.
  • Lagging Nature: The PCR reflects previously traded option activity that doesn’t necessarily translate into near-term price movement.
  • Market Context Dependence: The relevance of the readings might depend on the range, trend, or reversal stage that the market finds itself in.

4 Ways to Interpret ‘Nifty Put Call Ratio Live Chart’ and Nifty Spot Correlation

  • Trend Confirmation: A positive PCR amplified by increasing Nifty spot price would confirm that the bull trend is not over yet.
  • Reversal Signal: An extremely high PCR accompanied by a falling Nifty spot price could be a hint that the market is oversold and due for a reversal.
  • Bearish Divergence: When the PCR goes upwards, in contrast, the Nifty prices do not move up or go down, which indicates that more bullish sentiment turns bearish.
  • Bullish Divergence: It is a situation in which the PCR goes down, but the Nifty spot price shows as steady or rising. This might reflect that bearish sentiment is dropping, and bullish momentum may start rising.

Interpretation of PCR

  • PCR < 1: It suggests that more open call contracts are present than put contracts. It also means a bullish market sentiment where traders and investors believe the price of the underlying asset will rise. More call contracts than put contracts = Bullish sentiment
  • PCR > 1: If PCR is greater than 1, then the number of put contracts is higher compared to the number of call contracts, and hence, it portrays a bearish market psychology. The traders, as well as investors, think that the value of the underlying asset will go down. More put contracts than call contracts = Bearish sentiment
  • PCR = 1: When the PCR stands at about 1, this usually indicates market opinion is fairly neutral since there is little crowd psychology geared toward shorting or longing, and a greater number of investors and traders have equally bullish and bearish opinions. Market sentiment is neutral, indicating balanced trading activity.

Arbitrage Opportunities

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Premium(%)

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874.75

874.80

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1,411.80

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1,043.90

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0.03%

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5,427.50

5,430.00

0.04%

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567.55

567.85

0.05%

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FAQs

What constitutes a high PCR?

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A high PCR is typically above 1.0, meaning that the number of put options traded is higher than the call options.

What does a Put Call Ratio greater than one indicate?

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If the PCR is more than one, it then means that there have been more purchases of puts than calls by the traders, which means that the current market situation is bearish.

What is the ideal PCR ratio?

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It's likely that market volatility, earnings reports, economic events, and general market sentiment would all impact PCR.

What factors can affect the PCR ratio?

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It's likely that market volatility, earnings reports, economic events, and general market sentiment would all impact PCR.

Is a high put-call ratio good?

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It depends on perspective. A high PCR may indicate excessive bearishness, which contrarian traders may see as a bullish signal.

What is a bullish put-call ratio?

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A low PCR, generally below 0.7, is considered bullish as it reflects higher call option trading.

Is the put-call ratio a reliable measure to forecast future market conditions?

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While PCR can provide insights, it should be used alongside other indicators and analysis for more reliable forecasting.

How can I determine PCR results?

downArrow

PCR results can be tracked using financial data platforms that provide real-time options trading volumes and comprehensive charts.

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