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> Total $C/$P for Amex+PHLX+CBOE+PSE = 0.50, i.e. $1 of calls to $2 of
> puts...Very bearish and contrarily bullish.
I'm not sure how this is calculated but the $P/$C for all stocks (symbol
PUTCALLVAL) in QCharts isn't all that extreme. Their $P/$C for OEX
agrees with yours if you invert it.
--
Dennis
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