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> Yes, it was a bad deal for the exchanges. Having worked for UCD, a sister
> campus, for 23 years I can tell you that marketing is on the bottom of the
> uc's priorities. Teaching is next up and research is on top. If they
were
> serious about being the official distributor or marketer of xchange data,
> one would see ads to that effect with product and pricing with links on
the
> exchange web pages. Fact is, uc can't even run their own bookstores
> properly without huge markups, let alone a business dept of a uc campus
> selling option data. It just isn't their business or priority to support
> public enterprise in that manner. Matter of fact it is against uc policy
> and procedure to compete with private enterprise. Case in point is I was
an
> electrical engineer that supported the research and manufacture of
> radioactive isotopes at a cyclotron. They could be marketed at cost only
> and lost customers when private cyclotron corps were formed to mfg the
same
> stuff. The feedback loop is missing. You sell them the data. They
massage
> it in usable form, send it back to your site, you resell it. As it is now
> it stops at the Berkely gates. End of story.
>
> BobR
>
> ----- Original Message -----
> From: THE DOCTOR <droex@xxxxxxxxxxxx>
> To: ROBERT ROESKE <bobrabcd@xxxxxxxxxxxxx>
> Cc: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, January 11, 2000 8:44 PM
> Subject: Re: [RT] Re: OPTONS - Total Put/Call ratio
>
>
> > Robert,
> >
> > I don't to mean rude, but it ain't gonna happen. CBOE doesn't own the
> data. U
> > of C is the official vendor. One day when the contract is up, but not
to
> be
> > redundant IT AIN'T GONNA HAPPEN.
> >
> > Sorry
> >
> > ROBERT ROESKE wrote:
> >
> > > There is a good source and its the cboe. It just needs to be put in
an
> ftp
> > > file. A very simple thing for a programmer. The data being looked
for
> is
> > > what is on your summarized market statistics, the volume and open
> interest
> > > numbers. Russ gave up on the actual bid/ask stuff that the Berkeley
guy
> has
> > > because he would have had to hier a programmer to sort through it all.
> > > Berkely provides an unedited CD of all the oex bid/ask, volume, oi,
etc,
> but
> > > it is as it comes from the cboe tape. They must use a mainframe to do
> any
> > > anlysis with it. That was three years ago. Maybe things have
changed.
> > > Students in the business dept have free access to the data, but not
> students
> > > pay, but can't imagine anyone paying for it if they know what they are
> > > buying. I would suspect there are trader/programmers who would donate
> their
> > > time to help you get the ftp files together.
> > >
> > > BobR
> > >
> > > ----- Original Message -----
> > > From: THE DOCTOR <droex@xxxxxxxxxxxx>
> > > To: <bobrabcd@xxxxxxxxxxxxx>
> > > Cc: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Tuesday, January 11, 2000 6:57 PM
> > > Subject: Re: [RT] Re: OPTONS - Total Put/Call ratio
> > >
> > > > Robert,
> > > >
> > > > I didn't claim it was any good. There is simply no good source for
> it.
> > > The
> > > > reason I always get from our data people is that it exists on
magnetic
> > > tape and
> > > > has to be physically converted. Which is simply a way of saying
that
> > > historical
> > > > data simply is not readily available.
> > > >
> > > > ROBERT ROESKE wrote:
> > > >
> > > > > Russ Furs and I checked with that dude's department at Berkely a
> couple
> > > of
> > > > > years ago and the data he has is not in useable form. You have to
> parse
> > > out
> > > > > the stuff you want from all the extraneous stuff. Hate to say it,
> but
> > > its
> > > > > not worth the money being asked for it.
> > > > >
> > > > > Bob Roeske
> > > > >
> > > > > ----- Original Message -----
> > > > > From: THE DOCTOR <droex@xxxxxxxxxxxx>
> > > > > To: <bobrabcd@xxxxxxxxxxxxx>
> > > > > Cc: <realtraders@xxxxxxxxxxxxxxx>
> > > > > Sent: Tuesday, January 11, 2000 6:31 PM
> > > > > Subject: Re: [RT] OPTONS - Total Put/Call ratio
> > > > >
> > > > > > Robert,
> > > > > >
> > > > > > Ain't gonna happen. There actually is an "official" data vendor
> for
> > > > > options
> > > > > > data (U of C Berkeley) that vends the historical data. They
> charge a
> > > > > fortune
> > > > > > for it. The web site goes back as far as it can go. If you
would
> > > like to
> > > > > air
> > > > > > your views call Pat Fay at CBOE (1 800 OPTIONS) he runs the
web
> > > site,
> > > > > but I
> > > > > > caution you it ain't gonna happen ... most likely.
> > > > > >
> > > > > > ROBERT ROESKE wrote:
> > > > > >
> > > > > > > We looked at some put/call ratios the other day and thought
you
> > > might
> > > > > like
> > > > > > > to have a peak at this one. It is a spread of
(summation(total
> put
> > > > > vol,5))
> > > > > > > / (summation(total call vol,5)) where total is the sum of the
> cboe
> > > > > equity
> > > > > > > and index volumes posted on their website each night. Sure
> would be
> > > > > nice of
> > > > > > > the good DROEX if he would see to it that we could download
some
> > > history
> > > > > of
> > > > > > > his data in a long multiyear file. Point of interest on this
> chart
> > > is
> > > > > when
> > > > > > > the ratio drops below 0.5 the market goes into a consolidation
> or
> > > > > > > correction.
> > > > > > >
> > > > > > > BobR
> > > > > > >
> > > > > > > ------------------------------------------------------------
> > > > > > > Name: PCratio.gif
> > > > > > > PCratio.gif Type: GIF Image (image/gif)
> > > > > > > Encoding: base64
> > > > > >
> > > > > >
> > > >
> > > >
> >
> >
>
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