Is the new OVI Index the same or similar in principle to the moneystream indicator used in Worden Telechart? - Powered by Kayako SupportSuite Help Desk Software

Is the new OVI Index the same or similar in principle to the moneystream indicator used in Worden Telechart? - Powered by Kayako SupportSuite Help Desk Software
The OVI looks at a combination of options volume, open interest, and volatility in order to measure how money is being invested.

Starting over

April 27

Sold 2 bull put spreads and 2 bear call spreads on DIA and IWM
A whopping $68 profit on the DIA with 4 contracts for a 17% gain

An $82 profit on the IWM with 4 contracts for a 20% gain.

Markets still rising steadily. Feds pumping 600 Billion more into markets. RSI rising. Volatility low.