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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Les H who wrote (138379)12/12/2001 8:52:15 PM
From: John  Read Replies (1) of 436258
 
guess the reporting for open interest is not as timely as volume

Not to me or you. Our accounts aren't large enough to have access to truthful or relevant information. That information is reserved for investment bankers, Wall Street brokerage houses, and others who have the power and permission to control the ebb and flow of the game. -ng-

Over a period of years, I was able to identify quite a few very high probability index plays using historical CBOE data for NDX options. I won't go into specifics, but in general, my work dealt with evaluating daily change in price as compared to put/call option volume changes on a daily basis, as well as changes in the open interest on a daily basis.

Using this data I created a set of mathematical algorithms to project the following day's index direction movement for the NDX. There were 6 situations (4 long, 2 short), using 7 variables, which yielded at least an 80% probability of correctly predicting NDX index direction the following day.

This is all WORTHLESS though, because the options data is NEVER accurate until WELL after the fact. I will NEVER be convinced that this is NOT by design. Investments, especially those involving derivative instuments, are hidden from the general public, and that is a fact.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News