PCR Ratio Today
Latest verified put-call ratio with a cautious explanation of option-market positioning.
Latest PCR
Positioning Reading
Last Verified
Verified Source
PCR Summary
General PCR Reference
| Range | What it can suggest |
|---|---|
| Above 1.05 | Put activity is relatively higher than call activity. |
| 0.85–1.05 | Positioning is comparatively balanced. |
| Below 0.85 | Call activity is relatively higher than put activity. |
How to Use PCR Responsibly
PCR compares put activity with call activity. It can help describe option positioning, but the same value can behave differently across market regimes and expiry periods.
Use it alongside price action, open-interest distribution, expiry, volatility and the timestamp of the dataset. Extremely high or low readings should not be treated as automatic reversal signals.
The dedicated page and the option-chain page now use the same verified source, preventing contradictory PCR values across the website.
Explore Related Market Pages
Nifty Market View Bank Nifty Market View Option Chain Analysis Candle Bias Nifty Levels Bank Nifty Levels FII DII Activity PCR RatioPCR condenses a large option chain into one ratio, which makes it convenient but also easy to overinterpret. The figure above is shown only when a valid, current option dataset is available. It should be read as a positioning indicator, not as a direct forecast of the next candle or closing price.
The same ratio can mean different things
A rising PCR may reflect additional put activity, put writing, protection or a combination of strategies. Without looking at price, strike distribution and changes in open interest, the ratio alone cannot explain participant intent. Very high or low readings may be notable, but fixed thresholds do not work equally well in every market environment.
Use the ratio with the underlying index
Compare PCR with the current Nifty Market View or Bank Nifty Market View reading. If the ratio changes while the underlying price remains in a narrow range, positioning may be building without a confirmed price move. If price and option data move together, the context may be clearer, though still not certain.
The full Option Chain Analysis page provides strike and expiry context that a single ratio cannot show.
Why freshness is essential
Option positions can change quickly, particularly near expiry or during a sharp index move. An old PCR can describe a market that no longer exists. The plugin checks the expiry and source timestamp before presenting the value, and it avoids replacing missing data with a neutral-looking default.
Frequently asked questions
Is a PCR above 1 always bullish?
No. It only shows that put open interest exceeds call open interest in the selected dataset. Strategy and market context still matter.
Which PCR does this page use?
The page uses the current verified option dataset configured by the plugin and shows its status, rather than mixing unrelated expiries.
Why is PCR unavailable sometimes?
The option source may be delayed, invalid or expired. The plugin withholds the number rather than presenting stale positioning as current.