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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Killswitch who wrote (14444)	8/23/2002 6:59:22 PM
From: Killswitch	Read Replies (1) \| Respond to of 19219

"'Option Premium' Ratio 08/23/02 04:48 PM EDT Further explanation regarding the "option premium" ratio I mentioned this morning. It relates the price of the average put to that of the average call, and is reported as far as I know only in Investor's Business Daily. Chris Cadbury has done some extensive work on its application, and again, he noted, its reading of 0.93 reached last Friday as the highest and most bearish of the year. Low readings are bullish -- a 13 was seen at July's low. He also pionted out that the five-day TRIN (Arms index) at around a 3.0 for three days is clearly in bearish territory. He didn't like the Nasdaq Volatility Index (VXN) below 44 yesterday either."