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Equity Put/Call (10d avg)

Equity Put/Call (10d avg) stands at 0.57 as of August 21, 2026, down from 0.61 a year earlier. The reading sits in the 28th percentile of its history back to 1997.

1.100.710.31 1997 2011 2026
Equity Put/Call (10d avg), 1997–2026. Updated 2026-08-30.
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Latest (August 21, 2026)0.57
One year ago0.61
10-year range0.38 – 1.21
All-time range0.34 (1997) – 1.21 (2022)
Change over 12 months−0.04 — peaked at 0.72 in 2026
Percentile vs. full history28th
History1997–2026 (7465 observations)

What it is & how to read it

The equity-only put/call ratio, 10-day average. A contrarian sentiment gauge: high readings (heavy put buying) mark fear and often precede rallies; very low readings mark greed and complacency. Equity-only is cleaner than the total ratio, which is distorted by index hedging.

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Source: CBOE. Updated daily. Part of Cambria Chart Lab — free macro & market charts. For research and education only; not investment advice.