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What is Put Call Ratio (PCR) and how to analyze it?

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Put Call ratio is a ratio showing the open interest of Put options relative to the open interest of Call options. Occasionally, volume is also used in place of open interest. Put Call ratio, which is commonly abbreviated as PCR, is usually calculated on a daily basis. It helps one to see the build-up of overall Open Interest or Volume for a particular option structure....

https://fyers.in/school-of-stocks/chapter/options/_miscellaneous.html14