ISEE index: looks like the retail trade caught the bottom in this rally?

Discussion in 'Options' started by W4rl0ck, Apr 12, 2009.

  1. W4rl0ck


  2. W4rl0ck


    Good article, but I find it hard to believe the retail option traders pushed the index on 3/09/09 above the values on 12/29/08 and 8/28/08 which were right before massive sell offs.

    It's possible the retail traders were buying massive amounts of calls over puts, but doesn't compute for me.

    Seems like somehow the index methodology failed or some kind of market dislocation.