My understanding is that PUT/CALL ratio is useful when it reaches extreme levels. Today's levels are low from historical respective so I do not feel safe going long here. That's it.
And with the open NOT 6/10% higher this Sunday evening, I have now tagged out all +5 and +10 point targets for all held positions at 860's and 855's. With tonights profit target hits, I now have all my 865 short entries and 33% of my 866 entries covered while holding all 868 entries. At 850.00 I will cover an additional 33% of my remaining 866 entries (while holding all 868 entries), and at 845.00 I will cover the last 866 entries. I will not start to scale out any 868 short entries until price trades to 838 were I will scale out just over 16% of those positions. I am still holding my remaining 873/874 short entries from the week before last and have resting targets at 803.00 and 793.00 where they wait patiently for price to return to those levels.
why do people respond to stockturd3? He's a paid troll. The more hits and posts this site gets the higher they can charge for ad rates...ergo trolls...
Sold 866's again with the morning rotation back just below AH session highs.....first target will be at 860.00
Sold up to 872.50 for the rotation this morning into the AH session high area and stops......867.50 will be the first 5 point target.