What is put-call ratio?

The put-call ratio (PCR) is an indicator used by investors to gauge the outlook of the market. The PCR is calculated as put volume over a determined time period dividend by call volume over the same time period. The ratio is interpreted differently depending on the type of investor.

What does a high put/call ratio mean?

A high put/call ratio can indicate fear in the markets, while a low ratio indicates confidence. For example, in 2015, the Put-Call ratio was as high as 3.77 because of market fears stemming from various global economic issues like a GDP growth slowdown in China and a Greek debt default.

What is put/call open interest ratio?

Put/Call Open Interest Ratio: The total put open interest divided by the total call open interest for the expiration date. Implied Volatility: The average implied volatility of the calls and puts immediately above and below the underlying price. The bottom of the page recaps grand totals for the fields shown.

What is the difference between short interest and put-call ratio?

The put-call ratio is the ratio of the trading volume of put options to call options. It is used as an indicator of investor sentiment in the markets. Short interest, an indicator of market sentiment, is the number of shares that investors have sold short but have yet to cover.