Posted by curranjohn on 29th of Dec 2022 at 12:43 pm
Obviously, tech got really banged up recently. But what is up
with the put to call ratios lately? These appear historic. Does
this make sense to anyone?
Posted by curranjohn on 29th of Dec 2022 at 01:05 pm
So the big tech companies have historic levels of deep in the
money puts. They are being "arbitraged" he says. I am not sure I
quite understand what he means exactly. I think of arbitraging as
profiting on spreads. He says there are equal numbers of buyers and
sellers and thus this is not a big deal (if I understand
correctly). In plain english, what is he saying exactly? That
there are simply lots of puts being sold but there are tons of
buyers so all is well? Doesn't the put to call ratio still
indicate extreme fear? And cold be considered a contrarian long
signal?
Posted by curranjohn on 29th of Dec 2022 at 12:52 pm
everything tech is so oversold. Demark signals flashing on daily
and weekly. But these put to call ratios show such extreme fear it
surprises me. The contrarian in me says rally. But
wow.
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Obviously, tech got really banged
Posted by curranjohn on 29th of Dec 2022 at 12:43 pm
Obviously, tech got really banged up recently. But what is up with the put to call ratios lately? These appear historic. Does this make sense to anyone?
https://schrts.co/DRtaNvgg
https://schrts.co/awcSTyEC
I have another one in ThinkorSwim for the Nasdaq 100. It is wildly high. I feel like either a big January rally is coming or a crash.
schrts.co
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SpotGamma has been talking about
Posted by focus175 on 29th of Dec 2022 at 12:52 pm
SpotGamma has been talking about how the put/call ratio may not be the same indicator it use to be.
https://twitter.com/spotgamma/status/1608183465551269888
So the big tech companies
Posted by curranjohn on 29th of Dec 2022 at 01:05 pm
So the big tech companies have historic levels of deep in the money puts. They are being "arbitraged" he says. I am not sure I quite understand what he means exactly. I think of arbitraging as profiting on spreads. He says there are equal numbers of buyers and sellers and thus this is not a big deal (if I understand correctly). In plain english, what is he saying exactly? That there are simply lots of puts being sold but there are tons of buyers so all is well? Doesn't the put to call ratio still indicate extreme fear? And cold be considered a contrarian long signal?
Maybe we are about to
Posted by rbreese on 29th of Dec 2022 at 12:47 pm
Maybe we are about to have an Historic move around January tech earnings or should I say lack of earnings and weak forecasts.
everything tech is so oversold.
Posted by curranjohn on 29th of Dec 2022 at 12:52 pm
everything tech is so oversold. Demark signals flashing on daily and weekly. But these put to call ratios show such extreme fear it surprises me. The contrarian in me says rally. But wow.