Using Put/Call Open-Interest to Predict the Rest of the Week

Options expire this week, so let’s check out the open-interest on SPY, QQQ and IWM to see if they hint at movement the rest of the week. Here’s the theory: the market conspires to cause the most pain, to cause the most number of people to lose the most amount of money. If the market […]

Before the Open (Feb 13)

Good morning. Happy Friday. The Asian/Pacific markets closed with mostly solid gains. Japan dropped 0.4%, but Australia (up 2.2%), Hong Kong (up 1.1%), India and China (up 1%) did great along with Indonesia, Malaysia, New Zealand and South Korea. Europe is currently posting across-the-board gains. Greece is up 5.3%, followed by Russia, Italy and Norway, […]