but if it does..........double top to the penny.
http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=21&i=t51645628309&a=91757908&r=5384.png
this may not last
Started by
eminimee
, Feb 02 2007 01:25 PM
3 replies to this topic
#1
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 02 February 2007 - 01:25 PM
#2
IndexTrader
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- TT Patron+
- 7,694 posts
Member
Posted 02 February 2007 - 01:28 PM
"They" aren't that good...to the penny. 
Are they?
IT
Are they?
IT
#3
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 02 February 2007 - 01:30 PM
i've seen it before.......only on oex too.
#4
harry5
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- Traders-Talk User
- 11 posts
Member
Posted 02 February 2007 - 01:46 PM
cboe S&P100
put 15143
call 4283
ratio 3,54
Unlike the total and equity put/call ratios, the OEX put/call ratio should be considered in a non-contrarian manner. Perhaps due to the generally higher premium (cost) of index options as opposed to equity options, OEX options appear to attract a more sophisticated trader, or at least those who are more adept at timing the market.
Market turning points often coincide with extreme OEX put/call readings - when the put/call ratio is low, we are often near a market low. Conversely, when the put/call ratio is high, meaning OEX traders are betting heavily on a market drop, we often see market declines shortly afterward.
put 15143
call 4283
ratio 3,54
Unlike the total and equity put/call ratios, the OEX put/call ratio should be considered in a non-contrarian manner. Perhaps due to the generally higher premium (cost) of index options as opposed to equity options, OEX options appear to attract a more sophisticated trader, or at least those who are more adept at timing the market.
Market turning points often coincide with extreme OEX put/call readings - when the put/call ratio is low, we are often near a market low. Conversely, when the put/call ratio is high, meaning OEX traders are betting heavily on a market drop, we often see market declines shortly afterward.
