Share Market Update: 10 Stocks that have witnessed maximum changes in its Put-Call ratio

PCR is a contrarian indicator, used by traders to place directional bets on an underlying security.

Jan 14, 2019 03:01 IST India Infoline News Service

Put/Call ratio is a popular derivative indicator, specifically designed to help traders gauge the overall mood of the market. The ratio is calculated either on the basis of options trading volumes or on the basis of the open interest for a period.  If the ratio is more than 1, it means that more puts have traded during the day and if it is less than 1 it means more calls have been traded.

 a) Open Interest Put/Call ratio
Open Interest PCR is calculated by dividing the total number of open interest in all the available Put option strikes across the series by the total number of open interest in all the available Call option strikes across the series.
PCR (OI) = Put open interest /Call open interest.

b) Volume Put/Call ratio

Volume PCR is calculated by dividing the total volume traded in all available Put option strikes across the series by the total volume traded in all available Call option strikes across the series. 
PCR (V) = Put traded volume/Call traded volume.

Following is the list of stocks that have seen the maximum change in their put/call ratio, both in terms of open interest and volume in the last trading session:
PCR Open Interest
Underline Current Previous % Change
TCS 0.80 1.14 (0.30)
KPIT 1.10 0.88 0.26
INDUSINDBK 0.49 0.64 (0.24)
DIVISLAB 0.45 0.56 (0.20)
EQUITAS 0.20 0.17 0.17
TATACOMM 0.30 0.36 (0.17)
MFSL 0.14 0.16 (0.16)
PETRONET 0.35 0.30 0.16
REPCOHOME 0.36 0.42 (0.16)
MUTHOOTFIN 0.55 0.48 0.15
 
PCR Volume
Underline Current Previous % Change
KSCL 5.00 0.25 19.00
CONCOR 0.21 0.05 3.67
NHPC 1.44 0.32 3.52
SUZLON 0.68 0.18 2.82
JPASSOCIAT 0.43 0.11 2.79
REPCOHOME 0.26 0.08 2.37
BHARATFIN 0.59 0.18 2.22
CENTURYTEX 1.16 0.38 2.08
BOSCHLTD 0.17 0.06 2.00
ALBK 0.77 0.26 1.97

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