What is the formula used to calculate sentiment?
ISEE is computed by dividing opening long call options by opening long put options and multiplying by 100. For example, if 5,000 call options to open traded and 2,000 put options to open traded, the sentiment value would be 250. Is ISEE an option trading tool? Although the index value is calculated using option volume, the value is actually a bullish/bearish indicator of the underlying security so the values are useful to equities and options investors and traders. Are these sentiment values calculated in real time? The intra-day values are updated automatically every 20 minutes. The approximate times that the new values can be retrieved: 10 minutes, 30 minutes and 50 minutes after the hour. Are the updated sentiment values cumulative? Yes, all subsequent intra-day calculations use the cumulative number of trades for all calls and all puts to open. How often are the moving averages updated? The 10-, 20-, and 50-day moving averages are updated once a day. How do I interpret this data? B
