Posted by timebandit on 14th of Dec 2022 at 10:44 pm
Yeah, it's crazy. Take a look at the volatility in $CPCE the
last few weeks. It has driven the Bollinger Band Width to all-time
highs by a significant amount. The horizontal dashed red line is
the previous high in this indicator, which was reached in March
2020, June 2011, and a couple of times in 2004.
NOTE: Stockcharts hasn't posted today's $CPCE. Not sure what
they're waiting for...
I image the fact that such a large amount of options these days
are now same day options - everyone has become a day trader, skews
that. Same day options used to not be a thing
I have a friend with a hedge fund who sells naked puts and calls
everyday, all day but has to set close stops so there are a lot of
buys and sells happening around that. I'm wondering if that has
become more of a trend now. They would be ODTE and create a
lot of transactions. Maybe that is skewing the
ratios?
Posted by kingpin15 on 14th of Dec 2022 at 08:10 pm
Interest Rate Arb. trades have been accounting for the surge in
puts, and carry no directional/hedge meaning. been a lousy
ratio not accounting for buy vs. sell, open vs. close, equal
weights 1 cent trade to 1B trade...etc
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What's going on with this
Posted by cozz101 on 14th of Dec 2022 at 08:00 pm
What's going on with this put/call ratio?
Yeah, it's crazy. Take a
Posted by timebandit on 14th of Dec 2022 at 10:44 pm
Yeah, it's crazy. Take a look at the volatility in $CPCE the last few weeks. It has driven the Bollinger Band Width to all-time highs by a significant amount. The horizontal dashed red line is the previous high in this indicator, which was reached in March 2020, June 2011, and a couple of times in 2004.
NOTE: Stockcharts hasn't posted today's $CPCE. Not sure what they're waiting for...
I image the fact that
Posted by matt on 14th of Dec 2022 at 08:11 pm
I image the fact that such a large amount of options these days are now same day options - everyone has become a day trader, skews that. Same day options used to not be a thing
I have a friend with
Posted by cozz101 on 14th of Dec 2022 at 09:03 pm
I have a friend with a hedge fund who sells naked puts and calls everyday, all day but has to set close stops so there are a lot of buys and sells happening around that. I'm wondering if that has become more of a trend now. They would be ODTE and create a lot of transactions. Maybe that is skewing the ratios?
Interest Rate Arb. trades have
Posted by kingpin15 on 14th of Dec 2022 at 08:10 pm
Interest Rate Arb. trades have been accounting for the surge in puts, and carry no directional/hedge meaning. been a lousy ratio not accounting for buy vs. sell, open vs. close, equal weights 1 cent trade to 1B trade...etc