Put volume picked up a bit yesterday compared to calls, but still was light over all… And what seems to happen often, on sharp down days, puts do trade more than calls but change in open interest increases more in calls than puts… This may tell us nothing, but today options players seem indifferent to the possibility of further declines… As always, options are the tail wagging the dog… Implied vol was up about a point and a half to 31.7…
Leave a Reply