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Another Big Jump In The CPCI

Published 10/21/2014, 05:15 PM
Updated 07/09/2023, 06:31 AM

SPDR

The SPDR S&P 500 (ARCA:SPY) put-call ratio remained low today on a big 10% jump in open interest.

SPY put volume almost doubled today.  SPY call volume rose by 74%.

The equities put-call ratio was essentially unchanged today and remains low at 0.60, well below its 20 dma.  The big stacks put a big bet on short today, moving the index put-call ratio to 1.38, well above its 20 dma.

CPCI

Together the put-call ratios are bearish, but since it’s not opex week, you won’t always see an immediate reaction in the market.

By the way, the PowerShares QQQ (NASDAQ:QQQ) put-call ratio pushed down its bottom Bollinger Band® today.

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