SPX Put/Call Ratio is at a current level of 1.39, N/A from the previous market day and down from 1.48 one year ago. This is a change of N/A from the previous market day and -6.08% from one year ago.
The SPX Put/Call Ratio is an indicator that is used to gauge market sentiment. This is calculated as the ratio between trading S&P 500 put options and S&P call options. A high put/call ratio can indicate fear in the markets, while a low ratio indicates confidence. For example, in 2015, the Put-Call ratio was as high as 3.77 because of market fears stemming from various global economic issues like a GDP growth slowdown in China and a Greek debt default.