MojoBabe:
------->is that some kind of trading program kicking in...
sorry I wasn't more explicit
not necessarily programs, but there probably are some in there.
What I really meant, and did a poor job of conveying the thought, was that the "correct" ones to trade were the ones with the highest volume.
During the market day, one or two puts and one or two calls will be the intraday vol leaders, mostly very close to and/or in the money. The spread will be as narrow, or more narrow than most of the others and a fill will occur more quickly , due to the intraday volume.
The volume will lots of times exceed the O I, meaning there are lots of traders, which makes for liquidity, narrow spreads, and quick fills.
As to the relationship between the puts and calls, I didn't mean to imply that there was any relationship, other than casual.
I feel sure there are differing methods of drawing a conclusion from the amount, etc, but I don't use any program to find a forecast method there. I've tried to use it in the past , and have found no commonality that will benefit me to making a decision as to market direction, movement, or anything else that will enable me to obtain a profit.
Marilyn and I will be leaving around noon to take the grandchildren back to Dallas. John has baseball practice and Jan has a music lesson and basketball practice this afternoon.
Dadgummit, it's gonna be quiet and lonely here...... [:--(((((
While in Big D, I guess I will have to get another 56k modem.
The thunderstorm last night melted mine and I'm logged of with an old 14k.......boy is that slow....gggg
Regards---Nemer |
