Info!! Using Put-Call Ratios To Estimate Intraday Stock Marketplace Sentiment

The nigh recent post took a hold off at the equity put-call ratio every bit a agency of gauging marketplace position sentiment.  Suppose, however, that yous are interested inward gauging stance shifts that tumble out inside the marketplace position day.  The figures reported past times exchanges are the daily ratios updated throughout the day.  They produce non say yous specifically how many lay options as well as telephone phone options are traded uniquely during each segment of the day.

If yous click on the chart, you'll run across figures that don't typically look alongside the information services.  I took the let on of equity lay options traded during each fifteen infinitesimal segment of the marketplace position twenty-four sixty minutes menses as well as divided them past times the let on of equity telephone phone options traded during each of those segments.  The effect is a unique put-call ratio for each 15-minute period, rather than a daily figure updated every fifteen minutes.  (Data obtained from e-Signal as well as ratio calculated as well as charted inward Excel). 

You tin sack run across how stance has shifted over the course of study of the end 3 trading days, alongside spikes inward the put-call ratio at yesterday's marketplace position lows as well as rather bullish stance past times terminate of day.  In general, I notice value inward the stance measures at extremes:  when readings are unusually bullish or bearish. 

Further Reading:  Visualizing Social Sentiment
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