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Re: Option Sentiment



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Also, The second McMillan options book discusses this at length. I wanted to
follow it , but I could not find an easy way to get the data.

Marcelo

BobRABCDEF@xxxxxxx wrote:

> Just thought you folks might like to see another piece of artwork related to
> mkt timing.  Some might have been told that option sentiment isn't useful
> anymore for market timing because of hedging purposes.  Perhaps that is
> because they are inputing the wrong data into the ratios.  The belief appears
> to be true for oex volume and open interest.  However, when the CBOE Equity
> call volume is divided by Equity put volume a seemingly useful indicator is
> obtained.