PUT/CALL-ratios for today
CBOE total: 0,62
individual equities: 0,39
OEX: 2,19 (!)
VIX: 27,43
i was hoping that speculation in ind.equity calls would be a bit more restrained today, alas i did not get my wish. call volume expanded by 49,127 to 668,411 contracts and put volume was higher by 21,124 to 258,634 contracts,so the slightly improved ratio doesn't really tell the story. the OEX ratio of 2,19 is about as extreme as it gets. OEX call volume shrank by 9,466 to 54,850 contracts and put volume increased by 28,446 to 119,860 contracts. what's even more astounding is the fact that front-month calls saw heavy liquidation, while open interest on front-month puts actually increased markedly in some strikes. if not for that measly other ratio,i'd call this wildly bullish. the increase in the VIX is once again due to expansion in put premiums.
hb |
