Second day in a row very low OEX P/C ... Much lower then usual.
Equity P/C is 0.82..
OEX P/C... 0.65 Thats pretty damn low.
Started by
ogm
, Aug 14 2007 11:26 AM
2 replies to this topic
#2
denleo
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- Chartist
- 3,097 posts
Member
Posted 14 August 2007 - 11:33 AM
I noticed that too. Also VIX is not going up today (bouncing around unchanged). Bulls have a chance.
Short-term trade: Long ES from 1446. I will get out if conditions change.
Denleo
#3
arbman
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- Traders-Talk User
- 19,504 posts
Quant
Posted 14 August 2007 - 11:38 AM
A ton of those contracts traded today are way out of the money and most of them are sold. They are capitalizing on the high implied volatilities, what's really worse is they sold more call contracts than put contracts. I do not read too much into it at the moment.
