Not going according to plan
I apologize for not posting much lately.
Work is getting busy and I'm busy most nights creating The Grid.
I'm going to make my indictors available as soon as I figure out how to only make them available for Grid members.
In the meantime, I wanted to bring up something that caught my eye last week.
I couldn't understand why many furu were buying puts and expecting a drop with such confidence the last few weeks.
Then I noticed DIX. DIX is another great measure created by squeezemetrics (implied order book) to monitor short sales on stocks.
If you don't know DIX, I'll create another idea in the future or we can chat about it in the comments below.
The simple of DIX is that when it prints 50% and higher, there is a likely drop coming in.
In this chart I outlined a few points where DIX signalled a sell coming.
If you go to squeeze metrics site, you will find that DIX has been signalling a drop for nearly 2 weeks now.
I think that is where many Furu accounts signalled their patrons to buy puts.
But as I posted in many other ideas over the past several months the market is more stable now because most hedged equity funds are positive gamma.
I started drinking the cool-aid and started dooms-day charting.
I'm starting to believe the market is to well hedged short term to provide any meaningful sell off.
We'll see. Flows are still weak into March then we start analysis of were JHEQX is going to expire that will give a foot hold into summer distributions.
Work is getting busy and I'm busy most nights creating The Grid.
I'm going to make my indictors available as soon as I figure out how to only make them available for Grid members.
In the meantime, I wanted to bring up something that caught my eye last week.
I couldn't understand why many furu were buying puts and expecting a drop with such confidence the last few weeks.
Then I noticed DIX. DIX is another great measure created by squeezemetrics (implied order book) to monitor short sales on stocks.
If you don't know DIX, I'll create another idea in the future or we can chat about it in the comments below.
The simple of DIX is that when it prints 50% and higher, there is a likely drop coming in.
In this chart I outlined a few points where DIX signalled a sell coming.
If you go to squeeze metrics site, you will find that DIX has been signalling a drop for nearly 2 weeks now.
I think that is where many Furu accounts signalled their patrons to buy puts.
But as I posted in many other ideas over the past several months the market is more stable now because most hedged equity funds are positive gamma.
I started drinking the cool-aid and started dooms-day charting.
I'm starting to believe the market is to well hedged short term to provide any meaningful sell off.
We'll see. Flows are still weak into March then we start analysis of were JHEQX is going to expire that will give a foot hold into summer distributions.
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