A diary of the thought process behind my investment decisions
Put Call Ratio High
The put call ratio is elevated once again. The CBOE is at a very high 1.21.
2 comments:
Chaos!
said...
All the sentiment numbers are on their way to extremes, but not there yet. The last push down will likely be violent to move them over the goal line. Probably best to let them come to you.
2 comments:
All the sentiment numbers are on their way to extremes, but not there yet. The last push down will likely be violent to move them over the goal line. Probably best to let them come to you.
That is why I am short puts. I am allowing for one more move lower.
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