Put/call ratio is too low

The intra day p/c ratio over at http://www.cboe.com/data/IntraDayVol.aspx shows that everyone is bullish, which is a contrarian indicator. Meaning not good for the markets in general.
The equity p/c is 0.7 which is not bad not good but the index ratio is 0.84 which is way too low.
Anything below 1.00 for the indices is low.
Lets see where it stands at the end of the day. Of course if options expiration today so that might skew the numbers a bit. But still , its low.