SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (4591)11/10/2001 12:56:47 AM
From: mishedlo  Read Replies (1) of 99280
 
cboe.com

Zeev - What do you make of this?
Staggering reversal in P/C ratio today.

Call buying is done for sure.
People trying to protect themselves with covered calls?
That is my take.
I wish I could see the strikes.
If they were Nov then perhaps they prop this sucker up somehow till after expiry.... but that goes against max pain.

Perhaps that put buying provided some support today.
We have not even started down and put buyers are out there.
As a short I am not sure I like this.

options on DEC at the money will not cover losses on a retest of 1400 or so.

The other possibility is the smart money knows this rally is over and is buying puts.

Thoughts?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext