The CBOE Total Put/Call Ratio can be used to identify spike extremes that may foreshadow a market reversal. A spike extreme occurs when the indicator spikes above or below a certain threshold. A spike above 1.20 reflects a surge in put volume relative to call volume, which could be interpreted as excessive bearishness. As a contrarian indicator, excessive bearishness is viewed as bullish.作者: Start123 时间: 2015-9-5 22:34