Yesterday we looked at the CBOE put call ratio since it had gone off the
charts. Today it was the retail option traders turn to go crazy:
The ISE sentiment index is a slightly different way of looking at option
sentiment since it is primarily focused on smaller option traders and it
looks at option activity to open a trade. So by looking at the ratio of the
ISE equity only call put ratio we get a much better idea of what retail
option traders are doing.
Today they were the most bullish they’ve e