Why a surge in put buying could be bullish for stocks
FROM THE WIRE · FINANCE.YAHOO.COM
Stocks hit a volatile patch over the past week, with the S&P 500 Index (SPX) falling more than 4% last Thursday, followed by a quiet Friday and then a 2.3% gain on Monday. Options buyers were already stocking up on puts. The chart below shows the 10-day buy-to-open (BTO)…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA spike in put/call ratio has historically marked significant index lows.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The S&P 500 fell more than 4% last Thursday.
- 02The 10-day put/call ratio has spiked above 0.65 in past instances.
- 03The index gained 2.3% on Monday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets