Trading & Stocks100% Free Tool

Free Put-Call Ratio (PCR) Calculator & Sentiment Meter Online

Analyze overall market sentiment, identify contrarian overbought/oversold levels, and interpret open interest vs volume PCR. — 100% free online utility, zero sign-up, zero paywalls, and private client-side processing.

100% Client-Side0ms Latency
0ms Trading EngineIEEE-754 Analytical Model
Position Size40 Units
Total Risk$200.00
Total Capital Exposure$6,000
1:2.5 Target Reward+$500.00

How It Works

1

Enter Total Put Volume/OI

Input aggregate traded put volume or open interest.

2

Enter Total Call Volume/OI

Input aggregate traded call volume or open interest.

3

Calculate PCR

Formula: Total Put Volume divided by Total Call Volume.

4

Interpret Sentiment Meter

Read whether the market is in Extreme Greed (PCR < 0.7), Neutral, or Extreme Fear (PCR > 1.2).

Frequently Asked Questions

For equity options, an average PCR is typically around 0.7. For broad index options (like SPX or Nifty), it averages closer to 1.0.

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