holygrail to the stock market-win>90%

[webx99]

RE: how this give the probablility of the market going up/down

It is all a matter of supply and demand, right?
Everyone wants to buy calls when they think the market is going up.

So if the demand for calls is greater than puts, calls are overvalued and that is bullish.

When Puts are overvalued is bearish. When both are undervalued, which one is the least undervalued?

https://spreadsheets2.google.com/ccc?key=tIAljT2xmkKr23UVnDJUSWQ&authkey=CJCWi_0B#gid=0

Now look at columns O and P to see whether the call or put dominates. Think it through for all call vs put scenerios...undervalued/undervalued, undervalued/overvalued, overvalued/undervalued, overvalued/overvalued. Which is bearish, which is bullish?

Is it 100% accurate? Probably not...nothing is. It is just a guide. One of many tools you can use to make your own decisions on your next trade.

You won't "get it" until you take time to really think it through.

Rick