The Bull's Bears Indice: A Secondary Indicator

When the market starts selling off and fear it runs rampant You're going to see the number of puts go much higher than calls. When you hit a level of about 1.15 so for there would be 115 Puts for every 100 calls. That's where you can start seeing at least a short-term bottom Today it was at 1.26. That's been the highest sense during the the uh correction that we had in the fourth quarter So we could see a rebound here, but it's Like you said, it's a secondary indicator. I would never hang my hat on it It's just something to take in with everything else And while we're on indicators the bull's bears indicator