CPC Put/Call Ratio Daily Chart

The current reading with a 0.7 handle and lower says complacency reigns. The CPC shows that traders are giddy and carefree, with nothing to worry about, traders are bullish, the party is in full swing--just like the party was in full swing moments before the August waterfall crash. These low readings, 0.7-ish and lower, typically indicate where the broad markets top. 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 financial advisor before making any investment decision.