CRUDEOIL
Crude Oil
CRUDEOIL
5668
Put-Call Ratio
Put OI
84,245
Call OI
1,20,757
PCR
0.70
OI Str %
-17.81 %
Put OI Chg
16,992
Call OI Chg
39,753
COI PCR
0.43
COI Str %
-40.00 %
On 9:30 CRUDEOIL was trading at 5745 with pcr value 0.89
On 9:45 CRUDEOIL was trading at 5758 with pcr value 0.87
On 10:00 CRUDEOIL was trading at 5760 with pcr value 0.88
On 10:15 CRUDEOIL was trading at 5760 with pcr value 0.85
On 10:30 CRUDEOIL was trading at 5750 with pcr value 0.85
On 10:45 CRUDEOIL was trading at 5754 with pcr value 0.86
On 11:00 CRUDEOIL was trading at 5762 with pcr value 0.86
On 11:15 CRUDEOIL was trading at 5789 with pcr value 0.89
On 11:30 CRUDEOIL was trading at 5807 with pcr value 0.91
On 11:45 CRUDEOIL was trading at 5814 with pcr value 0.93
On 12:00 CRUDEOIL was trading at 5808 with pcr value 0.94
On 12:15 CRUDEOIL was trading at 5804 with pcr value 0.95
On 12:30 CRUDEOIL was trading at 5808 with pcr value 0.95
On 12:45 CRUDEOIL was trading at 5811 with pcr value 0.96
On 13:00 CRUDEOIL was trading at 5830 with pcr value 0.97
On 13:15 CRUDEOIL was trading at 5830 with pcr value 0.98
On 13:30 CRUDEOIL was trading at 5830 with pcr value 0.99
On 13:45 CRUDEOIL was trading at 5822 with pcr value 1
On 14:00 CRUDEOIL was trading at 5816 with pcr value 0.99
On 14:15 CRUDEOIL was trading at 5828 with pcr value 1
On 14:30 CRUDEOIL was trading at 5824 with pcr value 0.99
On 14:45 CRUDEOIL was trading at 5835 with pcr value 1
On 15:00 CRUDEOIL was trading at 5856 with pcr value 1
On 15:15 CRUDEOIL was trading at 5827 with pcr value 0.98
On 15:30 CRUDEOIL was trading at 5832 with pcr value 0.97
On 15:45 CRUDEOIL was trading at 5800 with pcr value 0.94
On 16:00 CRUDEOIL was trading at 5788 with pcr value 0.94
On 16:15 CRUDEOIL was trading at 5767 with pcr value 0.89
On 16:30 CRUDEOIL was trading at 5752 with pcr value 0.84
On 16:45 CRUDEOIL was trading at 5764 with pcr value 0.8
On 17:00 CRUDEOIL was trading at 5743 with pcr value 0.79
On 17:15 CRUDEOIL was trading at 5754 with pcr value 0.78
On 17:30 CRUDEOIL was trading at 5740 with pcr value 0.76
On 17:45 CRUDEOIL was trading at 5725 with pcr value 0.76
On 18:00 CRUDEOIL was trading at 5721 with pcr value 0.73
On 18:15 CRUDEOIL was trading at 5735 with pcr value 0.73
On 18:30 CRUDEOIL was trading at 5727 with pcr value 0.72
On 18:45 CRUDEOIL was trading at 5738 with pcr value 0.71
On 19:00 CRUDEOIL was trading at 5732 with pcr value 0.71
On 19:15 CRUDEOIL was trading at 5710 with pcr value 0.7
On 19:29 CRUDEOIL was trading at 5670 with pcr value 0.7
Put-Call-Ratio Table for Commodity
Understanding PCR, COI Strength %, OI Strength %
PCR (Put-Call Ratio)
PCR = Put OI / Call OI
More puts than calls, potential support
Balanced market sentiment
More calls than puts, potential resistance
COI Strength %, OI Strength %
COI Strength % = ((PE COI - CE COI) / (|PE COI| + |CE COI|)) × 100
OI Strength % = ((PE OI - CE OI) / (|PE OI| + |CE OI|)) × 100
Strong put dominance
Balanced activity
Strong call 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|)) × 100
This normalized indicator measures the directional bias of intraday Open Interest changes scaled to percent:
- > 60% (Bullish): Put side dominance - fresh put writing or buying suggests bullish positioning.
- -60% to 60% (Neutral): Balanced activity on both sides - no clear directional conviction.
- < -60% (Bearish): Call side dominance - fresh call writing or buying suggests bearish positioning.
Advantages over PCR:
- Normalized scale makes comparison across symbols easier
- Not affected by extreme ratios when one side is very small
- Clearly shows which side has stronger intraday momentum
OI Strength % = ((PE OI - CE OI) / (|PE OI| + |CE OI|)) × 100
This normalized indicator measures the directional bias of total Open Interest scaled to percent:
- > 60% (Bullish): Put OI dominance - more total puts than calls suggests bullish positioning.
- -60% to 60% (Neutral): Balanced total OI on both sides - no clear directional conviction.
- < -60% (Bearish): Call OI dominance - more total calls than puts suggests bearish positioning.
Difference from COI Strength %:
- OI Strength %: Uses total accumulated OI (all-time positions)
- COI Strength %: Uses only intraday OI changes (today's activity)
Use Case: OI Strength % shows overall market positioning, while COI Strength % shows fresh intraday momentum. Use both together for a complete picture.
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 % and OI Strength % instead - they handle these edge cases better and provide 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 % or OI Strength % (>60% or <-60%) combined with price at support/resistance can signal strong reversals.
- Intraday Pivots: Watch for sudden COI Strength % shifts (e.g., from +50% to -30%) 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.
