Replies to post #135330 on Zeev's Turnips Patch-No Politics (ZEEV)

[wstera2]

http://quotes.nasdaq.com/asp/option_mostactive.asp?symbol=INTC&symbol=QCOM&symbol=QLGC&s...

[pstuartb]

Yes, big jump on the equity side, not just the index side, toward the close.

OI in August qqq 30 puts has fallen off a bit, it's now down to 232k from over 300k, but open calls there are only 48k. Open puts at qqq 31 have risen to 211k versus calls at 138k. Then again, open calls at qqq 32 for August have risen rapidly lately to 191k, while puts there are only 85k. Seems to support your expectation of continued sideways chop through August expiration.

Most of the qqq put build up for September is at 28 and below, so far.

[market_watcher]

I was just looking at an article with a chart of the P/C ratio since April 24th. Basically the point was that the P/C ratio over the past 10 days or so looks a lot like the P/C ratio just before the May and June corrections.

It's a subscription site, otherwise I'd post the chart. Do you have any thoughts on this?

[Smart_Money]

Thanks for pointing it out. Way to much info to keep eye on in this market. I am not worthy enough to digest.

[Public Heel]

Where do you see that, please? Are QQQ's considered options or equities, in this context?

TIA