CPC CBOE Options Put/Call Ratio Daily Chart

CPC put/call ratio daily chart shows a lack of fear in the markets. The VIX dropped large over the last week as well showing complacency. The low 0.60 CPC in January indicated far too much bullishness so the markets responded with a sell off in February. Typically the CPC needs to move up and post a closing number above 1.2 to truly show that traders are worried. When the 1.2+ number occurs, that clears the way for a rally in the broad markets.

With 0.75 readings stil occurring and a 0.84 reading last Friday, traders are not worried, thus, since this is a contrarian indicator, broad market weakness should be expected moving forward until some fear comes into the markets with a CPC above 1.2. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.