luckystar2006 发表于 2016-11-4 01:14 PM
It could be V shape rally (no idea at this stage yet as there isn't any confirmation from key sign ...
Thanks a lot, good enough to cover current situation, MMs were/are planning on this event for quite some time, it's matter how deep will it be on each side, many want to see "perfect storm" to happen, we'll see how it will play out soon.
luckystar2006 发表于 2016-11-3 11:21 AM
One last chart, intraday SPY calls/puts chart so far suggest most options traders don't feel bullish today, as you can see way more puts than calls being purchased, especially before 10am.
P.S. I prefer to track Volume much more than Open Interest which show much more accurate picture.
how can you tell the volume is buy or sell? thanks !!
luckystar2006 发表于 2016-11-4 10:33 AM
Thanks for your input. I agree with your opinions about mostly dumb money, but not all of them are.
There are few tricks that I use while reading those orders so I could filter out all dumb ones. That said, I'm only interested in orders with >200 contracts (most novice traders couldn't afford to buy >100 contracts per each order) being bought with strike price that is very close to market price (209 is an example in this case) and then I look at the ASK side to see whether or not there is any high demand at the time that my trading systems get triggered.
狗仔卡
发表于 2016-11-4 01:50 PM
