Spikes above 1.0 in the equity put:call ratio tend to occur more than once during pullbacks (2018 being the exception, and 2014 not being much of a pullback). It is, therefore, likely that there will ...
Spikes in the equity-only put:call option ratio imply a relative low in the SPX (chart below).The McClellan summation index has reached the 30 level. In the past, the SPX has fallen further as the ...