SPY Put-to-Call Volume/Open Interest on the Creep

[circadian]

Just thought I'd shed some light on these important things, mainly for those that choose not look at valuable market metrics like these. Moral of the story is don't chase this market at these levels...pullback is a comin'.

See the graphic, be the graphic...

 

[circadian]

...put-to-call volume....

 

[MrDODGE]

It will be spun like the ever increasing amount of insider sales.

"It is positive and indicates a bottom" - CNBC

 

[noddyboy]

Quote from circadian:

...put-to-call volume....

What does this mean? put volume > call volume?

 

[Ivanovich]

A pullback will come, alright. But not when any one here expects it.

 

[circadian]

Quote from noddyboy:

What does this mean? put volume > call volume?

Ratio of puts traded in respect to call options.

#ofPuts/#ofCalls=Put-to-Call volume ratio.

Same for open interest ratio.

 

[MrDODGE]

Quote from Ivanovich:

A pullback will come, alright. But not when any one here expects it.

I will put a number on the pullback.

95 on the SPY is the key number