ClearPath Trader

Put Call Ratio

Options volume or OI of puts divided by calls. High ratios can signal fear (contrarian bullish); low ratios signal complacency.

Category: Options · Complexity: ★★★☆☆ (3/5)

Tags: options, study-card, price

Study card — educational illustration only (no live overlay in Charts).

Put Call Ratio chart illustration

Formula

Put Call Ratio is computed from price, volume, breadth, or macro prints depending on class (Options). See the description for the defining inputs.

How to read

Read Put Call Ratio as a labeling tool: it describes a condition (trend, stretch, participation, or macro). Confirm with price structure, not the indicator alone. This entry is a study card — not every encyclopedia model has a live chart overlay.

Limitations

Put Call Ratio can lag, repaint (some drawings), or stay extreme in trends. It is not financial advice and not a broker signal.

Typical settings

Use the author's original defaults first; change one parameter at a time.

Put Call Ratio is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.

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