Puts vs. Calls in QQQQ analysis (bullish)
Puts
45.00 QQQSS.X 1.00 0.19 1.00 1.02 128,064 210,125
46.00 QQQST.X 1.55 0.23 1.55 1.58 61,658 302,229
47.00 QQQSU.X 2.25 0.30 2.28 2.31 94,194 174,403
48.00 QQQSV.X 3.17 0.23 3.12 3.20 26,600 295,048
49.00 QQQSW.X 3.86 0.44 4.06 4.14 13,389 97,776
Calls
45.00 QQQGS.X 0.96 0.06 0.94 0.96 49,752 54,474
46.00 QQQGT.X 0.50 0.03 0.49 0.51 55,794 94,103
47.00 QQQGU.X 0.24 0.01 0.23 0.24 18,855 84,579
48.00 QQQGV.X 0.09 0.01 0.09 0.10 14,495 121,535
49.00 QQQGW.X 0.05 0.00 0.03 0.05 21,089 132,157
Analysis:
Almost 3 X more puts than calls for QQQQ 45
More than 3 X more puts than calls for QQQQ 46
2 X more puts than calls for QQQQ 47
Almost 3 X more puts than calls for QQQQ 48
About even for QQQQ 49
No resistence at all going from QQQQ 45 to 49 (currently trading near 45)
Mild resistence at QQQQ 49
Reminds me of last March =)
Note: Reversals based on expiration tend to happen the Wednesday before expiration week (2 days from now)
Rally from 45 to 49 in QQQQ? |
