Since April 2024 the CBOE Options Equity Put/Call Ratio has provided a consistent method for locating areas near market lows. When this ratio reaches a reading greater than or equal to 0.717, a market low should be near. At that point investors have turned negative on the market and are in the process of buying put options. Current data trends indicate the S&P500 is still expected to move lower.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of http://StockCharts.com.
