Jun 20, 2023
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.)