A diary of the thought process behind my investment decisions
Extreme Put Buying
The CBOE equity only is above 1.00 again. Every put/call ratio is showing extreme put buying. If today were not Friday I would be loading up. I would not be surprised if we staged a rally between now and the end of the day. Either way we are setting up for a better rally. This feels a lot more like the end of a decline than the beginning.