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 (Mar 14)

Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. Japan dropped 3.3%; Hong Kong and Australia more than 1%. Indonesia rallied 3.2%. Europe is currently down across-the-board. Belgium, Russia, Prague and Spain are down more than 2%. France, Amsterdam, Stockholm and Greece are down more than 1%. Futures here in the States point towards […]