VIX Put/Call Ratio Portends a Market 'Whack' By Helene Meisler About this article: I heard someone on television Friday discussing the CBOE Volatility Index. He noted how the VIX had fallen so much last week and how he and many others were now looking for the VIX to fall back to a level of 20 and potentially below it. As long-time readers know, I don't tend to view a low VIX as a negative for the market. I see value in using the VIX as a tool when it gets jumpy. When it gets jumpy, as it did about 10 days ago -- it then went over 30 -- we tend to get a rally in the market. When I sat down to do my statistics over the weekend, one statistic jumped off the page at me, and it had to do with the VIX. It was the put/call ratio of the VIX -- it chimed in at 309%. The... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.