Edited by A-ha, 25 September 2007 - 12:21 PM.
short es @ 1528.5
Started by
A-ha
, Sep 25 2007 12:19 PM
3 replies to this topic
#2
arbman
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Posted 25 September 2007 - 12:36 PM
One more low into the close or tomorrow morning, not eager to short here though, I don't like $QQV or $RVX, some more purging while they are happily buying the puts, heh?
#3
A-ha
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Posted 25 September 2007 - 12:46 PM
some more purging while they are happily buying the puts, heh?
i dont think soo... those puts dont look like six pack's purchases ... same ******** is on oex too...
#4
arbman
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Posted 26 September 2007 - 01:27 AM
The OEX put purchases ahead of the July decline was around 30-80k and much more persistent and higher than the calls for several weeks. This is merely 12k and even last week's high OEX volume at the major expiration was around 42k, nothing to compare. The number of call purchases were also neutral so far, today the ratio was high, but I think it was more about caution than directional bets, imho...
I doubt that there will be a break down of importance from here, at least not before the EOQ mark up.
