tag:blogger.com,1999:blog-2676650858658561710.post1584602395910049358..comments2023-11-02T06:14:07.871-04:00Comments on Quantifiable Edges: Equity Put/Call Ratio Spikes DownRob Hannahttp://www.blogger.com/profile/07596674657839065754noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2676650858658561710.post-2880049060507138612008-05-20T15:57:00.000-04:002008-05-20T15:57:00.000-04:00Thanks for sharing your thoughts MBS.Indextrading,...Thanks for sharing your thoughts MBS.<BR/><BR/>Indextrading,<BR/><BR/>Tradestation's put/call symbols are a mess. I download the data directly from the cboe website and then import it as a 3rd party symbol into tradestation. Below is the CBOE address:<BR/><BR/>http://www.cboe.com/data/PutCallRatio.aspx<BR/><BR/>- RobRob Hannahttps://www.blogger.com/profile/07596674657839065754noreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-48239176786160439152008-05-20T15:11:00.000-04:002008-05-20T15:11:00.000-04:00What's the symbol in TS for CBOE equity put/call r...What's the symbol in TS for CBOE equity put/call ratio? I tried $wpcve But it looks like the data is noisy.indextradinghttps://www.blogger.com/profile/13827095980465400740noreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-28543761564330791792008-05-08T01:16:00.000-04:002008-05-08T01:16:00.000-04:00I have been tracking the 10 and 21 day CBOE and Eq...I have been tracking the 10 and 21 day CBOE and Equit P/C for sometime. It is a relative "indicator" i believe and it can indeed help predict a market intermediate top or bottom. When these approach an above average high (like VIX, there is no absolute number to gauge this by, so you have to base it on historic highs over the last several years i believe), the market is on strong footing. Only recently i had pointed out to colleagues that this ratio hit a significant high and was reason to hold steady while everyone harped on the economy, oil, currency etc. However, they have now retraced significantly, BUT at levels that are NEUTRAL. The percentage retrace in a given period is not important i found, but rather the relative low is. It looks to me that when the Equity P/C avg drops below .60, it will be time to become very defensive and we should either be in mostly cash or shorts.<BR/>As the P/C average drops, it indicates insitutions opening out right shorts on the market and heging with calls; conversely when the averages climb, there is reason to be optimistic as it indicates insitutions or those in the know going long and hedging with puts. <BR/>As of right now, i do tend to think this market will continue to retrace for a little to shake out longs and draw in bears before closing the trap. <BR/><BR/>-mbsAnonymousnoreply@blogger.com