POPA ReconExtreme bullish bet
Extreme bullish bet - Currently, S&P500 call option trading volume is at an all-time high. - Put/call skew has declined for the most two consecutive days since 2017 (ratio of calls to puts for downside hedging) - This shows that market participants are currently overwhelmingly increasing their upside bets rather than downside hedges In the short term, as long as the bullish momentum is not broken, the upward trend can continue, but unilateral call buying + skew decline is a phenomenon often seen at the end of overheating. It is a structure that can easily break if something is askew. Sourc…
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