putcallratio
Put-call ratio (PCR) is a widely used market sentiment indicator that compares the trading activity of put options to that of call options. It can be calculated using either volume or open interest and is commonly reported for individual stocks, indices, and broader markets.
Two common variants exist: volume-based PCR, defined as puts volume divided by calls volume, and open-interest-based
Interpretation of PCR is context-dependent. A higher ratio indicates more puts relative to calls, generally signaling
Usage and limitations: PCR is used alongside other indicators to gauge sentiment and potential breadth of a
Variants and context: there are separate PCRs for equities and for indices. Thresholds are not universal and