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Politics : Formerly About Advanced Micro Devices
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To: milan0 who wrote (87997)1/19/2000 4:41:00 AM
From: Petz  Read Replies (1) of 1576998
 
Michel, thanks for that table of open interest and your analysis.
Also, I agree with you that the OI is only one day late. I was remembering looking at the OI on index options as shown in the New York Times, which would of course be a day later than the internet.

As to how useful this data is, I've read that if the stock price is rising but CALL OI is rising (percentage-wise) less than PUT OI, that this is a contrary indicator. But I've never had the time to check out this theory.

Petz
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