High Put/Call Ratio and Contrary-Opinion Technicians

Contrary-Opinion Technicians: High Put/Call Ratio Analysis

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Question

Contrary-opinion technicians would view a high put/call ratio as

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Explanation

A high put/call ratio indicates that a relatively large number of investors are betting that the market will go down by holding put options. Contrary-opinion traders believe that such sentiment is the opposite of the truth; they view it as a bullish sign.