Chart LabMarket Sentiment

Equity Put/Call (10d avg)

Equity Put/Call (10d avg) stands at 0.64 as of July 16, 2026, up from 0.54 a year earlier. The reading sits in the 60th percentile of its history back to 1997.

1.100.710.31 1997 2011 2026
Equity Put/Call (10d avg), 1997–2026. Updated 2026-07-16.
Latest (July 16, 2026)0.64
One year ago0.54
10-year range0.38 – 1.21
Percentile vs. full history60th
History1997–2026 (7428 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.