Discover and read the best of Twitter Threads about #MaxPain
Most recents (4)
1/6
1st Week of 2023 - went opposite to what I expected. Oil had a correction while bonds got bought in size, stocks were mostly flat, caught a bid on Friday:
1st Week of 2023 - went opposite to what I expected. Oil had a correction while bonds got bought in size, stocks were mostly flat, caught a bid on Friday:
2/6
Equity sentiment deteriorated some more, and is now on the edge between neutral and pessimistic:
#NAAIM survey down to 38.8
#Rydex ratio up 0.04 to 0.32
#CFTC futures dealers were -3.8% net short
In options
#VIX is a neutral 21.13
#MaxPain for SPY sits at 385
Equity sentiment deteriorated some more, and is now on the edge between neutral and pessimistic:
#NAAIM survey down to 38.8
#Rydex ratio up 0.04 to 0.32
#CFTC futures dealers were -3.8% net short
In options
#VIX is a neutral 21.13
#MaxPain for SPY sits at 385
3/6
Fed liquidity dropped in size, 120 billion down, led by Fed QE effort. Modelled SPX fair value is down to 3614, last time we had such a disconnect from the model was 1 Dec 2022
Fed liquidity dropped in size, 120 billion down, led by Fed QE effort. Modelled SPX fair value is down to 3614, last time we had such a disconnect from the model was 1 Dec 2022
Thread 🧵⬇️
We will delve into the use of Options Chain analysis as a tool for gaining insights into the market's direction.
We will touch on two concepts - Max Pain and PCR, and how to apply this information to your trading decisions. #OptionsOpenInterest #MarketAnalysis
We will delve into the use of Options Chain analysis as a tool for gaining insights into the market's direction.
We will touch on two concepts - Max Pain and PCR, and how to apply this information to your trading decisions. #OptionsOpenInterest #MarketAnalysis
In this thread, we are going to discuss which tools to use to analyze OI, how to interpret the data and some case studies.
2/18
2/18
We're diving deeper into Option Chain Analysis! Catch up on the basics and join the discussion. #OptionChainAnalysis #OIAnalysis
3/18
3/18
@federalreserve #JeromePowell is the #LordCommanderoftheWall, the black suits stoic and regal, silently defending us from pure chaos, by building the highest #interestrate wall that we have ever seen in person before. What soundlessly waits is utterly terrifying.
As #inflation rises, a lot of things are becoming stickier and blazing hot like 🐉 🔥, endlessly surrounding all sectors. The world maybe burning silently; but, America is not #kingslanding
We are #WinterFell, it’s denizens are the protectors, the defenders, and we are the freest western land in the world, where you can enter a Snow experiencing #maxpain and absorbing the #fomc #75bbs hikes as if the 🐉 🔥 wasn’t burning at all.
1/X
surfertrader (PAM Guru)
Sep 5, 2022 11:55 AM
Top panel: Linear Regression (Total Market Call Volume-Put Volume, 250D), VIX, SPX, SPX components market breadth (bottom of the chart). During this brear market phase, optimal local lows corresponded with:
(1) VIX spikes 82%-108%
surfertrader (PAM Guru)
Sep 5, 2022 11:55 AM
Top panel: Linear Regression (Total Market Call Volume-Put Volume, 250D), VIX, SPX, SPX components market breadth (bottom of the chart). During this brear market phase, optimal local lows corresponded with:
(1) VIX spikes 82%-108%
2/X . . . (VIX cycle low-high).
(2) CVOL-PVOL breaking lower bound of the regression channel
(3) Market breadth in an oversold area (marked w/ dashed green line). Currently I see only the third condition met. Even if we bounce this week, this is not yet the optimal local low.
(2) CVOL-PVOL breaking lower bound of the regression channel
(3) Market breadth in an oversold area (marked w/ dashed green line). Currently I see only the third condition met. Even if we bounce this week, this is not yet the optimal local low.
3/X
surfertrader (PAM Guru)
Sep 5, 2022 12:21 PM
The previous ~40% VIX spike corresponded with around a 10% decline in the SPX. We are about in the middle of the range of the last move, so the attack on this year's lows is perfectly possible. And bulls better have . . .
surfertrader (PAM Guru)
Sep 5, 2022 12:21 PM
The previous ~40% VIX spike corresponded with around a 10% decline in the SPX. We are about in the middle of the range of the last move, so the attack on this year's lows is perfectly possible. And bulls better have . . .
