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Call/Put Levels in GSX

QuestionsCategory: QuestionsCall/Put Levels in GSX
Tim Emanuel asked 4 years ago
Hi Pat, I’m loving your service! Your “coaching” has been huge for me over the past couple weeks since I joined VIP. Thank you! In looking at GSX on the Key List and MarketSmith recently, I noticed that it appears to have a high number of both Calls and Puts for the 12/19 timeline and Puts are outnumbering Calls by a small amount. I’m not very familiar with options strategy and am wondering if you could help explain the following: 1.) It seems that this would maybe not be a good sign as a lot of people are predicting a decline in the near future. What do you think? 2.) Are Put/Call numbers related to the “Short Interest” figure? Thanks, Tim Emanuel  
1 Answers
Avatar photoOwen Staff answered 4 years ago

Hi Tim,
Video from Patrick:
https://youtu.be/FS4xH08krFE