Scamman Strategy Analysis

This website is a study of investment methods practiced by Scamman (a member) whose strategy focusses on investing in OEX (S&P100) options. His strategy uses specific market indicators to forecast short-term changes in market direction (to predict both rallies and sell-offs). Scamman's Strategy focusses on the activity in OEX options which represents what the big players are doing. If the Pros are buying PUTS, a sell-off is expected. If they're buying CALLS, a rally is expected. Option selection criteria is 2 strikes out-of-the-money. Scamman has developed two basic signals: the "Double Deuce" (rally expected) and the "Rule of 3" (sell-off expected). A Double Deuce relies on the TRIN (a rising TRIN fortells a weak market, a falling TRIN signals a strong market). If the TRIN is 2 or higher on a closing basis on Back-to-Back sessions, expect a significant rally within 3-5 sessions. The Rule of Three is based on the Put/Call Ratios for the key indexes: DJX, SPX, and NDX. If any one is 3 or higher on a closing basis, expect a sell-off within 3 sessions. To learn more about Scamman's Strategy, click on the following:


  - Scamman's Motis Operandi (possible typical scamman trading session scenerio)

  - Scamman DataMine (info "mined" from Scamman's posts at

  - Scamman's Posts at Clearstation.Com (enter "scamman" all in lower case)

  - Scamman's Posts Saved in MS-WordPad (August2002, July2002, June2002, May2002)

  - Scamman's Favorite Haunt (enter "SPY" in the Symbol Search field)

  - Our Emails About This Strategy (only first names are displayed)



 Other Useful Links:

  - Double Deuce (DD) (TRIN Data)
      - NYSE TRIN, Nasdaq TRIN

  - Rule of Three (R3) (Put/Call Data)
      - CME.Com, CBOE.Com
      - Source of R3

  - Volatility Bands (VB) (probable price high/low extremes)

  - Commitment of Traders (COT) (the Big Picture)
      - Reports, Graphs

  - Option Charts (view charts for specific options)

  - OEX Option Quotes (15 minutes delayed)

  - OEX Statistical Overview (display includes support/resistance levels)

  - The Options Toolbox (FREE tutorial software about trading options)

  - Interactivebrokers.Com (trade option contracts for $1 each)

  - Chart Analysis of R3 (by Clearstation member "clearstocks")



For more information, email:
[email protected]






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