Nice board over there...http://investorshangout.com/board/87814/Option-Players-IH-MVP-Board.  I know of a few that post regularly on the MVP board that participate in the options market.  Myself, I mostly use that information for my long-term holds, to guage how others feel the direction of stock will head.

Options are particularly useful when trading currencies, as the futures markets offer a great hedge on your investment, something to consider.