MKT: OEX P/C ratio

[Glen Jones <djones2@xxxxxxxxxxxxx>]

FYI, at about 12:15 pm ET the volume of August OEX calls was 20,369
including ~ 10,000 Aug 930 calls.  The volume of OEX puts was 10,275.
Who bought all those 930 calls (unless it was a data error).  The
unadjusted mid day P/C ratio was almost 0.5.  Even if there were only,
say 2,000  Aug 930 calls bought, that would have the mid day P/C ratio
at a relatively low .84.  Some players are betting big on an explosive
upward move in the OEX.   The low P/C ratio would imply a move down.

Glen Jones