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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (13702)7/23/2002 4:53:19 PM
From: Steve Lee  Respond to of 19219
 
JT, the P/C indicator never works on expiration day. If the prior month was down, the ITM puts get sold and the OTM calls expire worthless (hence low call vol). Vice Versa if the prior month is up.

The real sentiment read comes the following Monday.


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