Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: mishedlo who wrote (80649)	6/18/2002 3:48:08 PM
From: Shack	Read Replies (2) of 99280

I agree with you mish. I track daily open interest numbers on the QQQ series and for 2 weeks we have had a dramatic decrease in the O/I putcall ratio, through a period where we saw high daily P/C. We saw a lot of trading of puts but very few new contracts were opened. Meanwhile I calculated a whopping 300K new call contracts opened in the June/July series since June 6. That's why we have so many calls sitting on all the strikes today.

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