News Focus
News Focus
icon url

porter

05/10/03 11:34 PM

#106498 RE: Zeev Hed #106494

Z--

How does one know whether the equity p/c ratio is displaying "puts" that are sold or those that are bought.

--P





icon url

Public Heel

05/11/03 9:56 AM

#106523 RE: Zeev Hed #106494

If you look at the simple equity P/C ratio (and one uses only equity to take out the impact of options on indices which is traded more by big money)

What do you think the heavy buying of index options (I assume you're including QQQ's? and SPY's?) by the "big money" means?

heavy put buying (namely a ratio at or above 1) is bullish for the market, since it indicates that Mosis thinks a fall is imminent

I thought it meant he was bullish on the market because he was going long equities and buying puts as hedges. Or is that what applies to the "big money" (because they hedge and Mosis does not)?