Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?

To: Louis V. Lambrecht who wrote (596)	2/15/2002 7:57:30 AM
From: gsp6181	Read Replies (1) \| Respond to of 11288

Louis, Phoenix, All Others - here is a post from Velociraptor on e-wave thread concerning use of PCR. He is negative on putting much weight on it. Would appreciate your take. -George -- "I have mentioned it before, I don't put much weight to the P/C ratios. They are not dollar weighted so we have no idea how much money is actually going into Puts as opposed to calls. The ratio does not reflect where the primary strikes primar are, nor does it tell which expiration month the options were bought for . Also, for all we know a vast majority of those puts may have been bought for hedging purposes to protect gains from the Sept rally, rather than bought as speculative positions. Be wary of trying to compress a complex number into a meaning too simple."

To: Louis V. Lambrecht who wrote (596)	2/15/2002 8:03:33 AM
From: OX	Read Replies (1) \| Respond to of 11288

right, I neglected to mention that for some REALLY STUPID reason, qcharts/quote.com isn't charting the data, but they have the LAST data. odd isn't it? btw, something I haven't looked at, but quote.com also has putcallVAL.oex (dollar value)--as well as putcall and putcallVal--which is all US exchanges. also note that, tho may be obvious, that the CBOE stat page is only for options that trade at the CBOE. I discovered a few weeks ago, that NDX options actually trade off the CBOE as well. and that the cboe stat page only reports the NDX option stats that trade at the CBOE.