ES Journal Archive (2006 - 2008)

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Quote from JSSPMK:

Long from 1340.5 off 30.15.10.5.3.2.1 :)

Unconvincing p/a so far since entry, looks like will get stopped out

30m histo pattern is one of the best, maybe it's just a matter of waiting for buyers to come in

Scaled out +2.5

Would be nice to get 1353 off 30m D's average range
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1/3 sold +9.75
 
Quote from volente_00:

10 points above on a pegged spy strike that had the highest open put interest


http://finance.yahoo.com/q?s=SFBNE.X


Those spy options are not useful for anything





:)
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1340 was it [134] and now 135 finds significance. Just keep throwing out strikes and introducing smaller $volume to fit your ridiculous argument. Work on your math. The Feb 127 went off with more OI than the 135. $OI was higher in the 138 strike. You'll find meaning in any print.

You're a miracle of modern medicine. Glad to hear you're living independently.
 
Quote from volente_00:

You misinterpreted what the options were saying. Weds of oe week almost always ends up being the apex or trough for the week.
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I know that.

I thought thrursday and friday would be meaningless, which is why I was surprised to see the market down both days.

anyway this sets up a bullish tuesday next week.best case scenario is that we open flat and just rally strong all day long.
 
Here is what I see as a possibility.

Correction: If 2nd lower peak in histo takes place then JAN p/a could be expected to take us towards current reaction low.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1794376>
 

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Quote from trader_arb:

Im no max pain advocate, but its interesting to see the OI on SPX 1350 (Feb 08) calls and puts
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Not convinced either way so far, wouldn't the open interest lag. The 1270 strike had more volume did it not? The idea makes sense and vol did call the close above 1340.
 
Quote from JSSPMK:

Here is what I see as a possibility.

Correction: If 2nd lower peak in histo takes place then JAN p/a could be expected to take us towards current reaction low.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1794376>
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if u count the bars on your chart there r 41 that traded above 1351 and 21 that traded below, this could indicate sellers outnumber buyers. On mrkt profile the fair price is 1337, if u put all of feb together as one day ,the weight is negative saying we need to fill in between 1330 and 1300
 
Quote from atticus:

1340 was it [134] and now 135 finds significance. Just keep throwing out strikes and introducing smaller $volume to fit your ridiculous argument. Work on your math. The Feb 127 went off with more OI than the 135. $OI was higher in the 138 strike. You'll find meaning in any print.

You're a miracle of modern medicine. Glad to hear you're living independently.
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The math is flawless. The feb 127 what ?




PUT INTEREST ?


Whick meaning is of zero significance because it too closed worthless just like the 134 and 135 puts. You might would have an argument that the interest is not useful if I was giving you the targets after they happened but sunday night at es 1323 I said 1360 was a sure thing, and then on thurs at 1366 I said 1352 then 1340 by friday. The option interest was wrong, we hit 1338 from there. I'm still waiting for your response about the 131-133 put strikes from jan that all got put to the sellers and since that day the s and p has not closed under 1310. Absolutley no correlation there either. KISS
 
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