Betting against markets..!
Updated
Shorting the market is always more sophisticated than buying the bull market!
And if you are willing to use Options contract to do that it needs more calculations and close attention to statistics!
Having said that, it is crucial to monitor option trading data as well to have better forecasts..!
SPY and QQQ are amongst highest volume traded option contracts and have highest Open interests.
Recently, I noticed huge shift in the Put/Call volume and OI.
While usually Put/Call trading volume and OI was below 1-0.8 which is rational in a bullish market, these numbers have been changed to:
SPY:
Put/Call volume: 1.39
Put/Call OI: 1.89
QQQ:
Put/Call volume: 2.19
Put/Call OI: 2.20
The above data clearly shows the shift from Bullish to Bearish outlook!
While FOMO bites retail traders to buy more everyday, bigger players seems do the opposite!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
And if you are willing to use Options contract to do that it needs more calculations and close attention to statistics!
Having said that, it is crucial to monitor option trading data as well to have better forecasts..!
SPY and QQQ are amongst highest volume traded option contracts and have highest Open interests.
Recently, I noticed huge shift in the Put/Call volume and OI.
While usually Put/Call trading volume and OI was below 1-0.8 which is rational in a bullish market, these numbers have been changed to:
SPY:
Put/Call volume: 1.39
Put/Call OI: 1.89
QQQ:
Put/Call volume: 2.19
Put/Call OI: 2.20
The above data clearly shows the shift from Bullish to Bearish outlook!
While FOMO bites retail traders to buy more everyday, bigger players seems do the opposite!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Note
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