PCR by Strike · 2026-05-26
TCS Put-Call Ratio by Strike
Total OI 3.21Cr
Call OI 2.09Cr
Put OI 1.12Cr
OI PCR 0.54
Total Volume 2.53Cr
Call Volume 1.68Cr
Put Volume 85.3L
Volume PCR 0.51
ATM IV (nearest) 28.11%
ATM IV (30d) 27.24%
Max Pain 2400 2026-05-26 · 12d
Expected Move ±4.48% 2172 – 2376
Chart Guide
What is PCR by Strike?
Bulls vs bears at every individual price level
PCR by Strike shows the Put-Call Ratio at each individual strike price. A PCR above 1.0 means more put contracts than calls — bearish positioning. A PCR belo…
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Frequently Asked Questions
What is put-call ratio (PCR) by strike for TCS?
PCR by strike shows the ratio of put open interest to call open interest at each individual strike in the TCS option chain. A PCR above 1 at a strike means more puts than calls are open there — indicating bearish hedging or directional bets. A PCR below 1 means more calls — indicating bullish positioning. Unlike the overall PCR of 0.54, the by-strike view reveals exactly where on the chain sentiment shifts from bullish to bearish.
What is the current put-call ratio for TCS?
The overall OI-based put-call ratio for TCS on NSE is currently 0.54, indicating bullish sentiment. A PCR above 1.2 is typically considered bearish (more put protection being bought), while below 0.8 is bullish (call buying dominates). The by-strike chart on StrikeVue breaks this down at every strike so you can see exactly where the sentiment is concentrated.
How do I use PCR by strike to trade TCS options?
Look for strikes where the PCR is extremely high (heavy put concentration) — these often act as support zones as dealers who are short those puts buy the underlying to hedge. Strikes with very low PCR (heavy call concentration) often act as resistance. Combined with the OI walls chart, PCR by strike helps you identify the highest-conviction levels in the TCS option chain and anticipate where price may stall or reverse.
How often is TCS PCR by strike data updated on StrikeVue?
TCS put-call ratio by strike is refreshed every 5 minutes during India market hours using live NSE open interest data. StrikeVue is completely free and requires no login or broker account.