Most of the morning, the Index Put Call ratio, has remained above 1 until the last hour. We can see the rally is beginning to consolidate and rest. We'll see if this rally can hold its daily gains, something that has not been doable in the last 2 months. Due to the unusual volume in financial stocks, this may be leading to an irregular reading on call buying. Many traders are scooping up calls as a lottery ticket on the financials, especially with a meeting in the Government to address mark to market. This alone is causing us to see reading below 1 more often than normal, especially with a market selloff like we have seen in the past several weeks.