News Focus
News Focus
Followers 7
Posts 1756
Boards Moderated 0
Alias Born 04/01/2004

Re: capt_jmj post# 12581

Friday, 12/21/2007 5:40:11 PM

Friday, December 21, 2007 5:40:11 PM

Post# of 31925
capt_jmj, Sorry for the delay but I was out for a while. I only use maxpain and options open interest at certain strikes to see how it "might" have an effect. This month the Q had a wide spread: high open interest puts 52 and down, high open interest calls 51 and up. So they kept it between 51 and 52.
Some months there can be a huge open interest of puts at a particular strike which seems to be quite reliable as a floor.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today