Edited by Tor, 11 June 2007 - 05:24 PM.
My FF
Started by
Tor
, Jun 11 2007 05:23 PM
2 replies to this topic
#1
Tor
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Posted 11 June 2007 - 05:23 PM
Prior to options expiry. The way I see it the record put buying on the recent fall means that it is almost impossible for the market to have a meaningful decline before expiry. I read this on optionetics,where we saw the biggest put buying in 10 years I think I saw.
My conclusion is that the whole market is driven by the options market.
Brave call I know. I am not betting on it, but just putting myself on the record. To be clear, my original post stands. if we take out 1485 this week cash I short with it, to follow the trend.
Will see.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
danzman
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- Traders-Talk ~
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Posted 11 June 2007 - 07:58 PM
Prior to options expiry. The way I see it the record put buying on the recent fall means that it is almost impossible for the market to have a meaningful decline before expiry. I read this on optionetics,where we saw the biggest put buying in 10 years I think I saw.
My conclusion is that the whole market is driven by the options market.
Brave call I know. I am not betting on it, but just putting myself on the record. To be clear, my original post stands. if we take out 1485 this week cash I short with it, to follow the trend.
Will see.
It's not driven by options....futures market is much bigger. I added to my long positions today, but
I'm not trying to time the short-term. 1485...that's a close stop...with everyone else's.
D
I don't make predictions, I just react.
#3
NAV
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Posted 11 June 2007 - 10:18 PM
Prior to options expiry. The way I see it the record put buying on the recent fall means that it is almost impossible for the market to have a meaningful decline before expiry. I read this on optionetics,where we saw the biggest put buying in 10 years I think I saw.
My conclusion is that the whole market is driven by the options market.
Brave call I know. I am not betting on it, but just putting myself on the record. To be clear, my original post stands. if we take out 1485 this week cash I short with it, to follow the trend.
Will see.
It's not driven by options....futures market is much bigger. I added to my long positions today, but
I'm not trying to time the short-term. 1485...that's a close stop...with everyone else's.
D
Agree. It's predominantly driven by the Futures folks.
