Friday, July 22, 2011

Options on Lg Caps hint at a topping process within days....

The Option Chains on the institutional 'must hold' portfolio show all signatures of a topping process and thus an end of the summer rally within the next week.
(on the bottom right we showed what low and high readings of our green Indicator 'RanGeWidth' mean in terms of Optionchain structures. A low 'green value' indicate a very steep option curve with lots of black swan insurances bought for the up and downside. These Extremes have usually been associated with HIGHs).

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