nikoschopen
2,824 posts
msg #54386
- Ignore nikoschopen |
8/27/2007 12:56:35 PM
Tim Knight also mentions the huge run up in the SPX 700 call on his blog. Scarrrrrrryyyyyyy!!!
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nikoschopen
2,824 posts
msg #54389
- Ignore nikoschopen |
8/27/2007 1:44:29 PM
I guess the traders on the floor as well behind the monitors are taking notice because ES (S&P eMini) is clearly the dog of the three.
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msummer2007
129 posts
msg #54393
- Ignore msummer2007 |
8/27/2007 2:01:44 PM
I have tried to figure out why someone would lay down such a big bet. Especially with a large probability of huge losses. I had a whacked out idea, that it might even be the fed. Far fetched I know, but you never know. Lets face it nobody believes any of the reports on inflation, or any financial tracking report for that matter. The Bush administration cooks the books on everything possible. So I wouldn't put it past them.
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nikoschopen
2,824 posts
msg #54396
- Ignore nikoschopen |
8/27/2007 2:56:49 PM
Haha, I had the same idea myself. But the question remains as to whether Bernanke & Co. will lower the rate before OR after the doomsday.
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nikoschopen
2,824 posts
msg #54400
- Ignore nikoschopen |
8/27/2007 3:59:44 PM
What's the reason for the last minute selloff? Did they announce a bomb scare on CNBC or what? This bodes well for a further selloff tomorrow and I feel so giddy. LOL
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msummer2007
129 posts
msg #54401
- Ignore msummer2007 |
8/27/2007 4:10:31 PM
Like I keep saying, nobody feels comfortable leaving a trade on. This market is climbing a wall of worry. Traders are waiting for the inevitable slam, and nobody wants to be caught with their pants down this time around. The volume was very lite, and it didn't take much volume to bring this market down at the end. I might be cynical, if you go short, they will make it rise, and go long and they will crucify you. Your in a lose lose situation. Plus, add the bulls!!t CNBC espouses, with all their so called pundits, and sector professionals and you get mass confusion. I strictly trade from the price, but it is difficult to not let these Jamokes influence your thinking.
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nikoschopen
2,824 posts
msg #54403
- Ignore nikoschopen
modified |
8/27/2007 4:23:08 PM
Actually, the ES traded in a very predictable channel throughout much of the day. Of course, this is one of the perennial favorites played out by the market makers, even though no market maker per se exists for this market. I hope they all get mauled down in the coming days. BTW, did I say CNBC is a big joke? :)
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luc1grunt
622 posts
msg #54404
- Ignore luc1grunt |
8/27/2007 8:38:37 PM
I understood this as 245,000 puts on the eurostoxx50 as opposed to the S&P?
I don't usually look at the puts/calls for the major markets....where do you find the outstanding contracts?
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nikoschopen
2,824 posts
msg #54405
- Ignore nikoschopen
modified |
8/27/2007 9:02:18 PM
If you break down the StochRSI(14,3), you would essentially get the following:
code
StochRSI(14,3) =(Today's RSI(14) - lowest RSI(14) over the last 3 days)
覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧
(highest RSI(14) over the last 3 days - lowest RSI(14) over the last 3 days) | |
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nikoschopen
2,824 posts
msg #54406
- Ignore nikoschopen |
8/27/2007 9:19:42 PM
I don't usually look at the puts/calls for the major markets....where do you find the outstanding contracts?
Your broker and/or data vendor should provide option chains for free, but here are two notable sites on the subject of options:
Schaeffers Research
Optionetics
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