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

Options expire this Friday, so let’s take a look at the open-interest on SPY, DIA, 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. […]

Before the Open (Jun 13)

Good morning. Happy Friday. The Asian/Pacific markets closed mixed. India and Korea dropped more than 1% followed by Australia and New Zealand. Japan, Hong Kong and China did well. Europe is currently down across-the-board. London, France, Germany, Stockholm, Austria, Italy, Switzerland and Greece are all posting noticeable losses. Futures here in the States point towards […]