Michael Petryni
Jun 20, 2023

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I am generally biased to the direction of the NYSI but mostly it's just what is above its open, the calls or the puts.

For the LOD signal I am definitely biased to the side of the NYSI which to say if the market sells off, taking the calls down, in the face of a rising NYSI, I do go on alert for the LOD signal and some of those are truly spectacular. (The opposite of everything I just said if the NYSI is falling.)

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Michael Petryni
Michael Petryni

Written by Michael Petryni

Journalist, film critic, screenwriter, proprietary trader seeking simplicity in trading. https://thegodoftrading.medium.com/subscribe

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