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Zeev Hed

05/11/03 10:17 AM

#106529 RE: Public Heel #106523

I have tried before to find a correlation between indices option buying and future market direction, I could not find any correlation, so I do not look at these.

Zeev
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TJ Parker

05/11/03 12:46 PM

#106538 RE: Public Heel #106523

> 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?

i second that question. :-P

earlier in the week, on an a.m. when the p/c ratio spiked to ~1.5 (or maybe 1.44), a big chunk of that was two large blocks of qqq 24 jun or jul puts.