ISE equity hits 400, that's 4 long calls for every long put. http://www.ise.com/WebForm/viewPage.aspx?categoryId=126&header3=true&menu0=true&link1=true
Congratz, NiN. Have not been around much lately, but I see that you`re still kicking ass =) What`s your win rate on this particular strat? 80%?
Any hit above 250/300 is extreme, but as we saw in 2010, it can go on for a while. But the problem for bears is that we hit extreme levels of pessimism a couple of weeks ago in the options market and that might not yet be completely eradicated, so it does not take much to create mega squeezes. I just think we are due for a pullback to at least the 5 dma's, though.
theres a saying that if everyones already long,who's left to be a buyer..we may just be sitting up here buying 1 and selling2 ,distribution ..... chart reduced