The options data are wild. The NDX, QQQ, and SMH $-weighted PC's are all 1.13. What are the odds? Additionally, the SPY, MDY $-weighted PC ratios are extremely low at 0.11 and 0.03 respectively. This can't mean much during expiration week but I think it could be a heads up.
"What are the odds?!?!?!"
Started by
OEXCHAOS
, Mar 15 2007 06:26 PM
3 replies to this topic
#1
OEXCHAOS
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Mark S. Young
Posted 15 March 2007 - 06:26 PM
From tomorrow's letter:
Mark S Young
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#2
PorkLoin
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Posted 15 March 2007 - 06:33 PM
Mark, is that 0.03 for the MDY Dollar-weighted P/C ratio as "wild" as it appears to my untrained eye? I don't follow it but it seems just about implausible.
Doug
#3
jmicou
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Posted 15 March 2007 - 07:26 PM
From tomorrow's letter:
The options data are wild. The NDX, QQQ, and SMH $-weighted PC's are all 1.13. What are the odds? Additionally, the SPY, MDY $-weighted PC ratios are extremely low at 0.11 and 0.03 respectively. This can't mean much during expiration week but I think it could be a heads up.
And now....?
#4
OEXCHAOS
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Mark S. Young
Posted 16 March 2007 - 01:11 PM
As of 7 am the data stood uncorrected.
That said, I have NOTHING on the MDY, so there may be a data error. Some of the $-weighteds are a bit high, but for the most part everything is now more normal, save the MDY.
Mark
Mark S Young
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