Option Chain Live

SENSEX PE-CE OI Difference

SENSEX 14 May (2d) ◆ Neutral · PCR 1.00 Spot ₹74559.24
Future 75030.00 +0.63% 15:30 IST
Expiry 14 May 21 May 27 May 04 Jun 11 Jun 18 Jun 25 Jun
Mode Auto ATM All Strikes
Total OI OI Change (Day)
Time Put OI Call OI PE − CE OI PE − CE Bar PCR Future
Change (Day) Change Change (Day) Change Change (Day) Change Change (Day) Change LTP OI Change (Day)
15:30 +1.5 K -1.5 L +83.1 K -740 -81.6 K -1.5 L
1.00 75030.00 -500
15:29 +1.5 L +1.4 L +83.9 K +32.6 K +64.6 K +1.1 L
1.02 75000.00 -500
15:28 +6.6 K 0 +51.2 K 0 -44.6 K 0
1.00 75000.00 -440
15:27 +6.6 K -1.2 L +51.2 K -1.5 K -44.6 K -1.2 L
1.00 75031.00 -440
15:26 +1.3 L +1.9 L +52.7 K +1.8 L +78.2 K +9.1 K
1.03 74980.00 -440
15:25 -54.5 K 0 -1.2 L 0 +69.1 K 0
1.03 74892.60 +20
15:24 -54.5 K 0 -1.2 L 0 +69.1 K 0
1.03 74872.85 +20
15:23 -54.5 K -54.5 K -1.2 L -1.2 L +69.1 K +69.1 K
1.03 74862.90 +20
15:22 0 0 0 0 0 0
1.01 74856.55 0
15:21 0 0 0 0 0 0
1.01 74881.05 0
15:20 0 — 0 — 0 —
1.01 74895.05 0
Put Call PE−CE Future LTP

What the SENSEX PE-CE OI Difference Tells You

PE-CE open interest difference is one of the cleanest sentiment gauges in Indian F&O. Subtracting total call OI from total put OI across the SENSEX option chain reveals which side option writers are leaning on. Writers are predominantly institutional, so the sign and magnitude of the difference reflect where professional capital is committed.

A rising PE-CE difference through the session is a real-time bullish signal — put writers are defending lower strikes with growing conviction. A falling or deeply negative difference signals bearish positioning. The speed of change matters: gradual drift reflects steady accumulation, while a sharp flip in direction usually follows a macro surprise and signals a regime change in SENSEX sentiment.

Why Magnitude Matters

A small PE-CE difference means the market is balanced — neither bulls nor bears dominate. These conditions favour range-bound strategies like iron condors and short strangles. Large differences indicate real conviction; one side has meaningfully more commitment than the other. For SENSEX and other NIFTY-family contracts, differences of 20+ lakh are large and worth sizing into.

Reading the Futures Column

The futures LTP and OI Δ Day shown alongside each minute let you cross- check the option-writer story against price action. A futures sell-off with rising PE-CE difference is the classic "writers defending support" tape — typically bullish on a 1-3 day horizon. A flat futures tape with collapsing PE-CE difference often precedes a breakdown.

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