• Dr. Kris
    Poll: CBOE says that VIX put/call ratio is 0.15 today, the lowest since Jan.13. Do you think this is a bullish or bearish sign?
    6/29/12
    Reply (5)
    • sundate36: So, the real question is what volatility level is appropriate for today's market? 15-17 is the "sigh of relief" range for today's market.
      6/29/12
    • eabyrd: Bearish. Complacency creeps in... then pow! Bad headline! Down we go. All is not well... you're fooling yourself if you think it is.
      6/29/12
    • Dr. Kris: The number itself is contrarian but the market rallied hard in the spring, which is why I'm posing the question.
      6/29/12
    • Ocean Man: We questioned the rally for 4 months Dec - April. I like to short when all is well, but not on the first day LOL.
      6/29/12
    • DettoTheSecond: a low VIX PCRFY.OB ratio means traders en masse are betting on a rising VIX which means the contrarian trade is to be short VIX or to be long risk
      6/30/12