The high puts to calls options positions suggest in order to trash the majority of option holders the broad market should rally sharply into late in the week as there are far more Put options than Call options that have been purchased. And we all know what happens to the majority of option buyers. The big boys sell to the little boys and the results are the same as Lucy and the Football situation. The big boys like to keep the majority of the option dollars they sold. Here is the link to the data.