Anybody here using Put/Call ratio numbers?

Discussion in 'Options' started by Algorithm, Feb 3, 2006.

  1. I was just curious if any of the options traders here have been using the P/C ratios over the past 6 months or so for signals on current market?
  2. put/call ratios have been helpful to me
  3. useless number just like the trin.
  4. It is some sort of dividend capture play on the SPY's apparently. They buy a call spread, exercise the long side and hope the short side goes out worthless. Don't ask me any more, that's all I know. I just read about it on another site.