Polycab India

Options volume is the number of contracts traded for POLYCAB on NSE in the current session. High volume at a specific strike signals strong directional conviction at that level. Unusually high call volume above the current price suggests bullish bets, while high put volume below spot suggests hedging or bearish activity. Unlike open interest (which accumulates), volume resets to zero each day.

The volume-based put-call ratio for POLYCAB is currently 1.22. A volume PCR above 1 means more put contracts are being traded than calls — generally a bearish signal. Below 1 is bullish. Unlike the OI-based PCR, the volume PCR is a real-time intraday indicator of where traders are placing bets right now.

Volume counts the number of POLYCAB options contracts traded today — it resets to zero at market open every session. Open interest (OI) is the cumulative count of all outstanding contracts that have not been closed or expired — it builds up over time. High volume with rising OI means new positions are being opened. High volume with falling OI means existing positions are being closed.

POLYCAB options volume — including call volume, put volume, and the volume PCR — is refreshed every 5 minutes during India market hours on StrikeVue. All data is free with no login required.