This is for anyone who want's to look at and discuss the importance of SPX & SPY OI - if you don't know what OI stands for then you don't have to worry about this thread The thread will be all about charts and numbers - no theory or conjectures please! Thank You. J_S
Btw, this is not a one way street - no input, no output - same as any computer! Have gone past the stage of thinking I know something, so it is best to accept that you know nothing and just speak about what comes into your mind. Thinking too much, can, and has been, very costly - not thinking at all can cost you even more! J_S
For the size of SPX, the spread is not bad at all. Add in the weekly expiration cycles out past 40 days, 1256 tax advantage and it is a better product to trade with size vs. SPY. People get hung up on the bid ask vs. SPY and not the actual trade prices.
Any topics welcome, but primary objective is to identify a possible trading range for Friday expiration. If anyone has a link to weekly or daily OI data in csv or xls format, please post same? Thx. J_S
My last post unless another car is seen on the road - I really have no interest in talking to myself, like some people do! J_S
Interesting topic. Im also interested in seeing OI data leading up to expiration. Is the idea here to see whether there is any pinning on the strike with highest OI? Cheers
I have decided to leave here for a while and post on T2W - too many trolls here, as per the mods! They would be far better off keeping the idiots who cost people money away, but then again, they are unable to tell the difference Trading is a very serious game, and one person who contacted me on this site contemplated suicide over trading - so I will never stop calling those who try to con people out of money... GOBSHITES J_S