SPY Put-Call Ratio At Bottom Bollinger Band

Published 09/17/2015, 12:53 AM
Updated 07/09/2023, 06:31 AM
SPY
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The SPY Put-Call Ratio

The SPDR S&P 500 (NYSE:SPY) put-call ratio fell to 1.20 today, just above its bottom Bollinger Band®, on another big jump in call volume.

That would usually be ridiculously bearish for price tomorrow, but during triple witching weeks the ratio tends to tag or break its bottom BB on Thursdays, then head up again on Friday in the context of a bearish price move.

SPY put volume rose today by 10% on a modest rise in open interest. SPY call volume rose 39%.

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