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XAO Banter Thread

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Anybody looking at options market - everyday call volumes are higher than puts

5500 call on the left, 5300 put on the right (from today)



This is from Thursday last week - 5500 calls



Here's 5625 call from Friday - Tape looks like a robot separating orders



Also have some activity on 5350 calls earlier.

Looks to me that someone is betting on a rally after June 6 Yellen meeting and betting that she won't raise rates. This is consistent with FTs opinion.

PS - I don't have deep knowledge of options market, only cursory understanding. Please correct me if I am wrong.... Opinions from more knowledgeable people would be most welcome.
 
Share holders clinging on. Quite different to the past year. The down trend was obviously broken in March/April so maybe no returns lower.
 
Need a shock down to suck the resistance out of the 5500 area.
 
Still not breaking out higher

The bank sector still a huge Barrier, how. Is it going to get over 5500 and head to 6000
 
Haven't seen Cramer put up a list for a while, from CNBC's blog today:

Jose Linares, Head of Corporate Banking EMEA, J.P. Morgan talks about the big issues in the market today:

"The most pressing issue is we are at the crossroads of politics. If you look at the agenda of what's coming - whether it is the U.S. Presidential elections, Brexit, the referendum for reforms in Italy, the Spanish elections, you just look at all around the globe and the whole host of issues that are unresolved today are creating an issue in terms of confidence in the markets."

put Australia in as well
 
Those blokes are paid to write stories about reasons why. Their excuse books are well worn.
 
The Remain case is not a done deal. Brexit could still happen.

 
a few more polls will be interesting in the lead up,

Most APRA regulated super funds are returning roughly 3% over 7yrs now

XAO looks likely to get hit again early this week, maybe Fed settle it down
 
Logique said:
The Remain case is not a done deal. Brexit could still happen.
Click to expand...
Great Britain has experienced many upheavals yet is still a major part of the free world being both intuitive and critical thinkers for the good of mankind.
 
i reckon be close 2% down at the end of the day,

7 yr return on ApRA regulated super funds at 3%, 7 yr cash return would probably be better
 
Now the market going to get impacted by UK leaving, in 2006 the XAO at 5200 now 2016

Now wonder people keep putting money into their PPOR, cash over 10yrs would be no worse than XAO
 
Maybe another down day to go. Support bounce intraday (5250) got sold off. Now 5200 more likely. Also got the channel (dotted).

 
Travel agencies might be swamped if there's a Brexit. Great time to book that UK holiday at a nice exchange rate.

 
Logique said:
Travel agencies might be swamped if there's a Brexit. Great time to book that UK holiday at a nice exchange rate.
Click to expand...

Would you believe it, John Howard, yes, former PM, appeared on UK TV to support Brexit about half an hour ago - not sure if he's still power walking as he must be about 100 years old by now. Anyway, he says that a country cant control immigration unless they have all their own powers to limit numbers.
 
noirua said:
Would you believe it, John Howard, yes, former PM, appeared on UK TV to support
Click to expand...
That is interesting. I wonder what the market reaction will be if the vote is exit? Mild to severe. :dunno:
 
I think if vote to leave we will get 3-4% drop, uncalled for but the markets are still very fragile where anything negative hits the markets at the moment

Ftse, dax etc probably 6-8% fall
 
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