Quick Term Timing - Tutorial 1

High priced calls vs low priced puts

      (Bearish)

High priced puts vs low priced calls

      (Bullish)

Heavy Call Activity

         (Bearish)

Normal Line

Normal Line

Heavy Put Activity

          (Bullish)

High priced calls vs Low priced puts

      (Bearish)

Heavy Calls

  (Bearish)

The Red Line is the S&P 500

The Blue line measures relative prices of Calls versus Puts.

   The Green line measures $$ in Calls versus $$ in Puts.