- Jeff McClureParticipantJanuary 22, 2018 at 8:40 pmPost count: 122
The does not hold true in every case but have you ever noticed how the option of interest has a better, clearer chart than the underlying? Today, this was the case for the $2830 call on SPX.
Note the MACD difference between SPX and the call option which moved from $.09 +/- to $1.20 +/-. That works. That would feed the family.
Attachments:Jeff McClureParticipantJanuary 22, 2018 at 9:49 pmPost count: 122
here is the correct day….first one posted was wrong day
Attachments:PeterPParticipantJanuary 23, 2018 at 3:39 amPost count: 98
Yes, I agree, Jeff. This is a great example.I do know one person who uses the option charts a significant amount. I think it’s often a good idea to look at the option chart either to help confirm a trade or to actually see a trade as in your example – especially for high volume tickers.
Thx for posting this one.
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