Tuesday, April 20, 2004

I'm usually leery about reading too much into intraday put/call readings, since they can be unduly influenced by one or two large trades, but as of now I am showing an all-exchange, all-option (i.e. index and equity) put/call ratio of 0.46.  This is the lowest since April 6th, when we topped out for awhile. 11:03:32 AM