Pcr trading for option

PCR (Put-Call Ratio) in Options Trading — simple and practical explanation

What is PCR?

PCR (Put-Call Ratio) tells you market sentiment by comparing:

Number of Put options (PE)
Number of Call options (CE)

👉 Formula:
PCR = Total Put Open Interest ÷ Total Call Open Interest

Simple Meaning
High PCR (above 1) → More puts → Market is bearish or fearful
Low PCR (below 1) → More calls → Market is bullish or greedy