This website is a study of investment methods practiced by Scamman (a Clearstation.com 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 Clearstation.com) - 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)
- Rule of Three (R3) (Put/Call
Data) - Volatility Bands (VB) (probable price high/low extremes)
- Commitment of Traders (COT)
(the Big Picture)
- 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") |
[email protected]
|
|