Well it seems like the premium sellers are finally throwing in the towel today and considering everybody is still buying puts the bid on the underlying is probably going to show the same symptom unless somebody finally wisens up and starts agressively taking the ask. And yes, I did just say it will go down unless it goes up
Well, 1.1 equity-only ratio today. It's up there with the record holders. 9th most pessimistic options trading inside of a day since 2004 and the differences aren't very big except for the first two (1.35 in 2008 and 1.28 in 2004).