For those wanting to pursue the put/call indicator on other stocks or ETFs, check out http://www.schaeffersresearch.com/streetools/indicators/equity_oipcratio.aspxThis is a free site with links to other fine free info and tools provided by Schaeffer Research.
For instance, look at the ratio for XLF relative to the Qs. And the difference between AAPL and RIMM is interesting. My focus tends to be on the divergence of price and open interest, as there will typically be a reversion to the mean, but here are many other ways to utilize this data.
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