What is the Put-Call Ratio (PCR) and how do I use it?

What is the Put-Call Ratio (PCR) and how do I use it?

The Put-Call Ratio (PCR) compares total Put Open Interest to Call Open Interest. A rising PCR typically signals bearish sentiment, while a falling PCR indicates bullish sentiment. F&O Universe’s Option Chain surfaces live OI data across Calls and Puts, helping you track and interpret PCR shifts in real time.