Modified OI-PCR: Spot the directional twists and turns

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Key takeaways
• Modified-PCR for Positional Trading
• Advanced Techniques for Positional Trading
• Mean reversion
OI-PCR, or Open Interest Put-Call Ratio, is an effective indicator utilized by options traders. It is calculated by dividing the open interest of put options by the open interest of call options. OI PCR compares the number of open put options to open call options.
A comparative metric, in essence!
OI PCR = Open Interest of Put Options / Open Interest of Call Options
A rising OI PCR indicates that more Puts are being sold than Calls, signaling a bullish trend. Conversely, a decreasing OI PCR suggests that more Calls are being sold than Puts, signaling a bearish trend. However, here's the twist: with the modified OI-PCR, a premium-weighted version of OI-PCR, a more effective and nuanced approach to options buying emerges, allowing for better identification of directional cues in the short term, especially in Indian stock markets.
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[@babucps9120]

No screen

[@parthabanik8527]

How we get cumulative PCR data in every minute and per strick pcr data every minute intraday basis in graphical formation

[@Quantsapp]

Sir, you can study the open interest tool and there is strike PCR tab mentioned there. We hope this helps. For further query, you can connect with us on [e-mail] or [phone]

[@parthabanik8527]

Thank you sir for your information,but I need those data in graphical formation, please tell me how can get. Waiting for your reply 🙏