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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST
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To: Lizzie Tudor who wrote (59736)6/1/1999 8:54:00 PM
From: BGR  Read Replies (1) of 164684
 
Michelle,

Put/call ratio tending higher signifies that more people are betting on the short side than the long side, which is exactly the opposite of the situation 6 weeks back. When a trader buys a put/call, the market maker most probably doesn't sell a naked put/call because of the risks involved but instead short/buy the underlying equity in a hedged position. So, in effect the short interest is going up which is considered to be generally bullish.

-BGR.
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