1 reply to this topic

[ogm]

As mortiz pointed out this isn't a complete picture, but IMO its still representative, considering his charts show close results.
Namely.. Fear is rising very fast. Even today we had very high put/call all day, inspite of a rally.
CBOE 10 day put call is at the levels of February bottom.
Should we bet that put call as indicator is broken, or will it strike again ?

And why aren't the OEX options traders scared ?

Edited by ogm, 06 August 2007 - 05:56 PM.

[thespookyone]

I think when they added the QQQQ puts and calls to the index side of the equation, they skewed it a bit-because I feel you are talking about different players. As for the OEX players-they backed off quite a bit for a one day span. The put buyers on the QQQQ's however, went buck wild today, inviting Mom,Dad, and Auntie Em to join the party-will be interesting to see how that works out for them.

Edited by thespookyone, 06 August 2007 - 06:16 PM.