Hi, Is anyone here using this index (or anything similar) to gauge bullish/bearish sentiment? I am particularly curious if anyone has extended the application of the index from OEX options to ETFs or even individual stock options. "The Ansbacher Index is an indicator of the bullish or bearish sentiment of options traders which can be useful in forecasting the future direction of the stock market. This sentiment is measured by comparing the price of a put approximately 30 points below the current price of the Standard & Poorâs 100 Index (OEX) with the price of a call the same amount above the OEX. The price of the put is then divided into the price of the call to obtain the current Ansbacher Index."