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Re: PickStocks post# 683814

Friday, 04/01/2022 6:46:14 PM

Friday, April 01, 2022 6:46:14 PM

Post# of 749756
Pick...having looked at the options for the put /call ratio, it looks like the July 50 strike price has 15,834 open contracts for the puts , and 11,860 contracts for the calls .... this Put/ call ratio is 15,834/11860=1.33....this could be a Bearish indicator, because any number above one signifies more puts were bought than sold...It also could be a contrarian buy signal too.... so lets let the market tell us what is going to happen as we watch the options tables.... to me, the "sweet spot for coop is about 45 dollars until we see the war come to a close, interest rate hikes cease, and the covid, and inflation die down...housing is in a bubble, with interest rates rising... just too much on the plate now to digest, but 45 looks like the magic number here for awhile....Lodas

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