9 in 10 individual F&O traders made net losses (SEBI).Risk disclosures on derivatives: 9 out of 10 individual traders in equity F&O incurred net losses.Read more

9 out of 10 individual traders in equity Futures and Options Segment incurred net losses.
On an average, loss makers registered net trading loss close to ₹50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits incurred between 15% to 50% of such profits as transaction cost.

Source: SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein aggregate level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22. SEBI’s latest study (August 2026) found that 87.7% of individual traders in equity derivatives made net losses in FY 2025-26.

BANDHANBNK put-call ratio (PCR)expiry 23 Nov 2026

Key facts

BANDHANBNK's put-call ratio by open interest is 0.71 for the 23 Nov 2026 expiry and 0.66 across all listed expiries, as of 9 Nov 2026, 3:40 pm IST. PCR is put open interest divided by call open interest.

PCR (OI): 0.71
PCR, all expiries: 0.66
PCR (volume): 0.49
Expiry: 23 Nov (14 days)
Call OI (contracts): 9.7 K
Put OI (contracts): 6.8 K
Max pain: 160
Share price: ₹168.60

As of 9 Nov 2026, 3:40 pm IST · End-of-day figures from the 9 Nov 2026 session; they refresh after the next close.

Open the open-interest and PCR tool →Every strike, greeks and past sessions.

BANDHANBNK PCR by expiry

Each listed expiry's open interest, put-call ratio and max pain, 9 Nov 2026 session. OI in contracts.
Expiry	Days left	Call OI	Put OI	PCR	Max pain	ATM IV
23 Nov 2026	13	9.4 K	6.2 K	0.67	160	41.8%
29 Dec 2026	49	278	128	0.46	160	44.9%
25 Jan 2027	76	1	0	0.00	190	36.2%

BANDHANBNK PCR by strike, 23 Nov 2026 expiry

Put OI ÷ call OI at each strike around the money. OI in contracts.
Strike	Call OI	Put OI	Strike PCR
145	146	346	2.37
147.5	79	244	3.09
150	279	677	2.43
152.5	142	187	1.32
155	216	517	2.39
157.5	285	412	1.45
160	1.5 K	806	0.53
162.5	361	362	1.00
165	661	406	0.61
167.5	477	126	0.26
170	1.4 K	341	0.25
172.5	141	51	0.36
175	1.2 K	46	0.04
177.5	122	148	1.21
180	1.2 K	163	0.13
182.5	49	30	0.61
185	221	36	0.16
187.5	36	3	0.08
190	505	336	0.67
192.5	0	0	—
195	91	11	0.12

Frequently asked questions

What is the BANDHANBNK PCR today?

0.71 for the 23 Nov 2026 expiry as of 9 Nov 2026, 3:40 pm IST (put open interest ÷ call open interest), and 0.66 across all listed expiries.

How is the put-call ratio calculated?

Total put open interest divided by total call open interest for an expiry. Volume PCR uses the contracts traded in the session instead of those open. A PCR above 1 means more puts are open than calls; below 1, more calls than puts.

How do traders read PCR?

Some read a high PCR as heavy put writing and a low one as heavy call writing; others read the same number as hedging, because puts also pile up when holders protect a position. It is most useful against BANDHANBNK's own history rather than a fixed threshold. It describes positions, not a forecast.

Is this a recommendation to trade BANDHANBNK options?

No. Jivani Markets is not a SEBI-registered research analyst or investment adviser. These are exchange figures shown for research; nothing here is a recommendation to buy or sell. F&O trading carries high risk: SEBI found 87.7% of individual traders in equity derivatives made net losses in FY 2025-26.

Not investment advice. Jivani Markets is a technology platform, not a SEBI-registered investment adviser or research analyst.

Derivatives are leveraged and can lose more than the premium or margin put in. Strategy results here are hypothetical. Past performance is not indicative of future results. Not investment advice. Jivani Markets is a technology platform, not a SEBI-registered investment adviser or research analyst.

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