Replies to post #47309 on ajtj99's Market Pulse

[Math Junkie]

I'll have to study the methodology some more.

[Math Junkie]

OK, I've looked at the methodology, and it turns out that options are only counted for those prices that put them in the money. That means that options that are $20 out-of-the-money are not going to affect the results at all, unless the underlying stock price moves by $20 or more.