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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (15754)4/8/1998 12:17:00 PM
From: Oeconomicus  Read Replies (1) of 94695
 
Barbara, do you ever look at the CBOE Time Premium Index? Obviously, it should be tied to volatility, but there is a separate number for calls and puts. Seems that the puts number could be a good contrarian indicator, i.e. low time premium implies low bearishness. Thoughts?

Bob
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