What is Historical PCR and Max Pain in Options Analytics?

What is Historical PCR and Max Pain in Options Analytics?

Historical PCR and Max Pain in Options Analytics shows how the Put Call Ratio (PCR) and Max Pain levels have behaved over time for a selected underlying and expiry.

This view helps you analyse trends and shifts in market positioning, instead of looking only at current values. You can also place trades directly from this screen.

Available on FYERS Web and FYERS App.

What do Historical PCR and Max Pain show?

This view typically displays:

  • Historical Put Call Ratio (PCR) values over time
  • Historical Max Pain levels plotted for the same period
  • The relationship between price movement, PCR, and Max Pain

By viewing these together, you can understand how market positioning has evolved across different sessions.

How to use Historical PCR and Max Pain?

Use this view to:

  • Track changes in market sentiment over time using PCR
  • Observe how Max Pain levels shift as Open Interest changes
  • Compare historical positioning with the current market price
  • Identify periods of increasing or decreasing participation

This view is meant for context and trend analysis, not for intraday execution alone.

Steps to access Historical PCR and Max Pain

On FYERS Web

  1. Go to Options
  2. Select Analytics
  3. Click Historical PCR and Max Pain
  4. Choose the Underlying and Expiry

On FYERS App

  1. Go to Options
  2. Tap Analytics
  3. Tap Historical PCR and Max Pain
  4. Choose the Underlying and Expiry

Steps to place trades from this view

From this screen, you can:

  • Tap/click B to place a Buy order
  • Tap/click S to place a Sell order
  • Additional actions, such as Option chain or Market depth, may be available depending on the platform and build version.

Example

If the historical PCR has been rising while Max Pain levels gradually shift upward, it indicates increasing Put-side participation over time for the selected expiry.

Important notes

  • Historical PCR and Max Pain are based on past market data
  • Past behaviour does not predict future price movement
  • Data availability depends on the selected expiry and time range
  • Always use this view along with other analytics for decision-making

Last updated: 26 Dec 2025

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