Replies to post #37050 on XpresSpa Group Inc (XSPA)

[Recentiy03]

"Traders buy puts to insurance against a market decline or as a directional bet. While calls are not used so much for insurance purposes, they are bought as a directional bet on rising prices. Put volume increases when the expectations for a decline increase. Conversely, call volume increases when the expectations for an advance increase."

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:put_call_ratio

IMO a 2-1 bearish sentiment suggest certain people are vastly overestimating the impact of MSFT's settlement potentially being added to the record and do not understand the significance of having a trial.