Advanced option chain pcr

# **Advanced Option Chain PCR (Put-Call Ratio)**

The **Put-Call Ratio (PCR)** helps traders gauge market sentiment by comparing put option volume to call option volume. A deeper understanding of **PCR levels, open interest, and trends** can enhance options trading strategies.

## **1️⃣ Key PCR Interpretations**
✅ **PCR > 1:** More puts than calls → **Bearish sentiment** (fear in the market).
✅ **PCR < 1:** More calls than puts → **Bullish sentiment** (optimism in the market).
✅ **Neutral PCR (~0.9-1.1):** Balanced market, indicating consolidation.

## **2️⃣ Advanced PCR Analysis**
✅ **OI-Based PCR:** Analyzing **PCR with Open Interest (OI)** helps confirm **trend strength**.
✅ **PCR Trend Shift:** A sudden drop or rise in PCR indicates **potential reversals**.
✅ **Strike-Wise PCR Analysis:** Helps identify **strong support & resistance levels**.

### **Conclusion**
Advanced PCR analysis, combined with **OI, volume, and price action**, provides deeper insights into market sentiment and helps traders make informed decisions. 🚀