SPDR S&P 500 (SPY)

[Morphius6]

Can anyone help interpret?

1) I sit here looking at the intrinsic value of options expiring today.
2) I then take that intrinsic value and multiple by open interest.

I do 1 & 2 for all strike prices...puts and calls

Then I compare the total value Put vs calls...and look at a shocking number weighted in favor of calls 89 to 1...Calls have 89 times as much value as the puts.

Although it would be very useful, not sure what the starting values were a few months, weeks or even days back.

I find it interest ...sorry if I rambled for nothing.