Bearish VIX Put/Call Ratio

VIX Put / Call Ratio data is very bearish across multiple expirys.

More importantly, as you can see here, March & April expirys, where the Contracts-volume and Premiums-paid were concentrated, remain bearish throughout the afternoon while markets registered over 9 handles on SPX.

This is clearly singalling a bearish bia by the so-called Smart Money

Fari.jpg