The put/call options ratio for the Nasdaq 100 Index has risen to 1.2

On February 26, the put/call ratio for the Nasdaq 100 Index rose to 1.2, reaching the highest level since the bear market low in 2022, reflecting increased hedging by investors in technology stocks. This figure surpasses the peak in April 2025 and other readings from the past 12 years (excluding 2022, when the ratio reached 2.3). The total put/call ratio for the S&P 500 Index rose to 0.9, the highest level since April 2025, consistent with the levels seen during the 3-5% market correction at the beginning of 2024. In addition, the current trading volume of put options, measured in US dollars, is at the second largest margin over call options in nearly two years, second only to the levels before April 2025.