put/call ratio

Discussion in 'Options' started by Sanity, Nov 25, 2002.

  1. Sanity


    did anyone notice how the put/call ratio rose today? it hit a new multi-month low of under .4 this morning and then rose to over .6 even as the market turned upward this afternoon. i am wondering if institutions are looking at a downturn, or is it simply just gain protection.