February started with positive tone.
Let's see how the big option traders played today.
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SPY OI (2016/02/05) |
OI is skewed to Call side and 198 could be a big resistance.
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SPY Dollar Weighted Volume (Overall) |
Call Buyers were active today.
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SPY DWV (2016/02/05) |
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SPY DWV (2016/02/12) |
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SPY DWV (2016/02/19) |
SP has a room to become overbought and those call buying activity is still bullish, IMO.
Those charts are captured from
OptionM8 App.
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