Abet Chichi2

[alohamart]

The extremely low put/call ratio means that very few puts of any kind are being bought relative to calls.

A high put/call ratio, with "Large Quantity Buying of IN-THE-MONEY PUTs" would be bullish action, but that's not what we have.

There's huge buying of calls relative to puts, which is bearish, showing too much bullish sentiment.

How did you find that "quantities of Puts" are being bought, when the extremely low put/call ratio indicates far fewer puts than calls are being bought?