Put-Call Ratio (PCR) Calculator: Gauge Market Sentiment

The Put-Call Ratio (PCR) is a popular indicator used by traders to measure market sentiment. It compares the trading volume of put options to call options to see whether investors are more bearish or bullish.

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Our PCR Calculator helps traders quickly analyze market trends based on options activity.

What is Put-Call Ratio (PCR)?

PCR is calculated as: PCR=Put Option VolumeCall Option VolumePCR = \frac{\text{Put Option Volume}}{\text{Call Option Volume}}PCR=Call Option VolumePut Option Volume

Put Volume: Number of put options traded.
Call Volume: Number of call options traded.

A higher PCR indicates bearish sentiment, while a lower PCR suggests bullish sentiment.

How to Use the PCR Calculator

Enter Put Option Volume.
Enter Call Option Volume.
Click Calculate.

The calculator displays PCR and a color-coded indicator:

PCR	Interpretation	Indicator
< 0.8	Bullish: Market sentiment positive	✅ Green
0.8 – 1.2	Neutral: Balanced sentiment	⚠️ Orange
> 1.2	Bearish: Market sentiment negative	❌ Red

Example:

Put Volume = 50,000
Call Volume = 80,000

PCR=5000080000=0.625PCR = \frac{50000}{80000} = 0.625PCR=8000050000=0.625

✅ Bullish: Market sentiment is positive, more calls than puts.

Why PCR Matters

For Traders: Identify potential market reversals.
For Analysts: Assess investor sentiment in the options market.
For Risk Management: Helps anticipate volatility spikes.

High PCR may indicate panic selling (bearish), while low PCR suggests optimism (bullish).

Key Takeaways

PCR measures market sentiment via options activity.
PCR < 0.8: Bullish sentiment.
PCR 0.8–1.2: Neutral sentiment.
PCR > 1.2: Bearish sentiment.
Combine PCR with other indicators like moving averages, RSI, and Bollinger Bands for better trading decisions.

Try the PCR Calculator Now

Use our Put-Call Ratio Calculator to gauge market sentiment and make smarter trading decisions based on options activity.