Hi Trades, Hal
Thanks for the chart/comments.
Just some musing on this.
As of this writing, Dx is down, Si is up a bit.
OK, maybe the Fed. bought a few too many Treasuries today and the USD went down a bit ....
BUTTT, this is what I find interesting. The March options on the SIH11 contract actually went up tonight. Still during Asian trade, but the 18P went from 45 to 70 and the 20P fluctuated 90,110,100 but still up. And more trading activity than I can recall (esp. in the evening) since I started watching.
Makes me wonder if this increasing activity/interest in these low strike OOM options is painting a picture ???
I clearly allow that I have no clue who buys/trades these things. I still think they are primarily components of various spread trades, but the activity is clearly there.
Anyway, things go on ......