The Tail that Wags the Dog
The US Options Market (the “tail“) has grown so large that it now significantly influences the US Stock Market (the “dog.”)
WealthEnjoy Fear & Greed Index gives you an Edge
- WEFGI : Blue Line. SPX : Grey Line
WEFGI (WealthEnjoy Fear & Greed Index) is calculated using a proprietary algorithm that analyses the US options market to quantify the SPX Market Sentiment.
Traders and investors can include WEFGI as an additional tool in their market analysis, along with their existing tools.
WealthEnjoy FGI gives you Actionable Insights
- When WEFGI is in HIGH Greed Zone, traders and investors can consider to remain long bias. Option traders can consider bullish options strategies.
- When WEFGI is in HIGH Fear Zone, traders and investors can consider to tighten stops, or bottom fish. IV (Implied Volatility) is likely higher for options premium sellers to consider entry.
- When WEFGI is in the EXTREME Fear Zone or EXTREME Greed Zone, the chance of reversal increases. Traders and investors can watch out for the reversal and take appropriate actions.
- When WEFGI CROSSES into a New Zone is significant, especially if crossing from the other side (e.g. Cross from Fear into Greed Zone)
Get your WEFGI Edge for FREE!
Disclaimer:
- WEFGI should not be used standalone. It could be used in conjunction with other indicators as part of a trader’s/investor’s market analysis.
- Use WEFGI at your own risk. We’re not responsible nor liable for your profits and losses.
- Not financial advice. Please do your own due diligence.
- If unsure, please seek professional help before including WEFGI in your market analysis.