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 (Jan 10)

Good morning. Happy Friday. Happy Employment Numbers Day. The Asian/Pacific markets closed mixed. China dropped 0.7%; Indonesia and New Zealand rallied better than 1%. Europe is currently up across the board. France, Germany, Norway, Switzerland, London, Italy and Greece are posting solid gains. Futures here in the States point towards a moderate gap up open […]