DMOBRIEN
363 posts
msg #88764
- Ignore DMOBRIEN |
2/26/2010 6:19:17 AM
Watching EXM and NEWS
|
mystiq
650 posts
msg #88766
- Ignore mystiq |
2/26/2010 7:29:49 AM
abelincoln
- Ignore abelincoln 2/25/2010 9:22:15 AM
i'm no m4m...
mary I think observed...that if option volume exceeds open interest prior to earnings that is a powerful indication to the direction of the earnings result pos/neg
however using ESRX option action on 2/24 as an example the mar80 puts vol>oi but the it was a sale
我想我說話太多必須加大工作力度
Ok Ok OK! i seem to be getting the idea. "but the it was a sale"------>?how did you know this info? (-.-)
|
karennma
8,057 posts
msg #88769
- Ignore karennma
modified |
2/26/2010 9:39:03 AM
mystiq
- mystiq 2/26/2010 7:29:49 AM
mary I think observed...that if option volume exceeds open interest prior to earnings that is a powerful indication to the direction of the earnings result pos/neg
however using ESRX option action on 2/24 as an example the mar80 puts vol>oi but the it was a sale
Ok Ok OK! i seem to be getting the idea. "but the it was a sale"------>?how did you know this info? (-.-)
==============================================================================
Mystiq:
THAT'S THE CATCH.
As Straken has posted numerous times, you MUST use an options scanner.
All these websites that say, "higher than normal call volumes" don't mean sh*++!
"Higher than normal call volume" could mean calls SOLD, not bought ... which would mean the stock is going DOWN.
I wiped out my OptionsHouse account last year with some AIG calls because the "call volume was higher than normal".
AIG CRASHED! The "call volume" ... represented calls SOLD!!
Only an option scanner can tell you if the volume is on the bid side or ask side.
Straken uses "GET" by Esignal.
A new scanner just came out called "LiveVol".
See the demo.
edit:
simplified ... if I posted, "OMG!! STEC volume 10X higher than normal" .... would you buy STEC?
Of course not!
Not until you've determined if that "10X higher" is on the buy side or the sell side.
;>)
|
karennma
8,057 posts
msg #88771
- Ignore karennma |
2/26/2010 9:52:25 AM
LIVEVOL Video
http://www.livevolpro.com/help/movies/all_movie_short/all_movie_short.html
|
mystiq
650 posts
msg #88818
- Ignore mystiq
modified |
2/27/2010 12:46:17 AM
karennma
- Ignore karennma
modified 2/26/2010 9:39:03 AM
mystiq
- mystiq 2/26/2010 7:29:49 AM
mary I think observed...that if option volume exceeds open interest prior to earnings that is a powerful indication to the direction of the earnings result pos/neg
however using ESRX option action on 2/24 as an example the mar80 puts vol>oi but the it was a sale
Ok Ok OK! i seem to be getting the idea. "but the it was a sale"------>?how did you know this info? (-.-)
==============================================================================
Mystiq:
THAT'S THE CATCH.
As Straken has posted numerous times, you MUST use an options scanner.
All these websites that say, "higher than normal call volumes" don't mean sh*++!
"Higher than normal call volume" could mean calls SOLD, not bought ... which would mean the stock is going DOWN.
I wiped out my OptionsHouse account last year with some AIG calls because the "call volume was higher than normal".
AIG CRASHED! The "call volume" ... represented calls SOLD!!
Only an option scanner can tell you if the volume is on the bid side or ask side.
Straken uses "GET" by Esignal.
A new scanner just came out called "LiveVol".
See the demo.
edit:
simplified ... if I posted, "OMG!! STEC volume 10X higher than normal" .... would you buy STEC?
Of course not!
Not until you've determined if that "10X higher" is on the buy side or the sell side.
;>)
karennma
- Ignore karennma 2/26/2010 9:52:25 AM
LIVEVOL Video
http://www.livevolpro.com/help/movies/all_movie_short/all_movie_short.html
...thanks karennma...appreciate the quick tutorial ;-)
edit: can the daily short volume data help with direction of volume ?
|
abelincoln
126 posts
msg #88874
- Ignore abelincoln |
2/28/2010 7:45:05 PM
Mystiq
sorry for not getting back sooner, benefiber, you know, hehe
"but the it was a sale" ...that line should have said "but it was a sale"
karennma hit the nail on the head as to where the info came from...option scanner
...livevol has unpackaged block trade data back to 2 years, watch their short video, karennma
posted the link above (pay attention after 9th minute into video)
it seems to simple and obvious when you have the right tools and right teacher
...don't hide it, divide it
|
mystiq
650 posts
msg #89122
- Ignore mystiq |
3/5/2010 6:10:10 AM
CLSN --- coming out of double bottom ! watch the ride ! (-.-)
|