HUGE bump up in put

    Posted by rbreese on 21st of Dec 2022 at 02:41 pm

    HUGE bump up in put calls to 1.60 this last hour. Is Santa getting coal for all.? Kidding 

    Wouldn't a high put/call normally

    Posted by cozz101 on 21st of Dec 2022 at 03:17 pm

    Wouldn't a high put/call normally indicate low current price and possible rally (with so many buying puts)? Lately with the wild swings, not sure if I trust it. 

    I've been wondering if this indicator has lost it's mojo...

    It is HUGE bets for

    Posted by rbreese on 21st of Dec 2022 at 03:24 pm

    It is HUGE bets for sure, but the best bet is taking a 5-day ratio of put calls to identify trends  IMO

    Thanks for your advice. Is

    Posted by cozz101 on 21st of Dec 2022 at 03:34 pm

    Thanks for your advice. Is there a chart link for that or a setting/symbol in stockcharts? 

    I go to CBOE options

    Posted by rbreese on 21st of Dec 2022 at 03:52 pm

    I go to CBOE options exchange and get updates every half hour. Pretty easy to do. Good luck

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