### Comment:
How do you extrapolate this information? Presumably if people are selling puts, people are also buying puts. It's not that 'more puts were sold'. You could also say 'more puts were bought, market is bullish'.

### REPLY:
I went on bar charts and read that out of the shares only 30 or 35 percent were writing puts. So that tells me not a lot of people writing puts because they are afraid it would go down?

### END.