Institutional investors sold $8+ billion in stocks last week — second largest sale ever. OTM puts is 3X more expensive than same distance OTM calls.

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Wall Street sold $8.3 billion of stock last week, which is the second-largest weekly sale ever recorded in U.S. history, according to data from Bank of America.

Retail investors stepped in and bought $1.0 billion of stock. That makes five straight weeks of buying from everyday traders. Hedge funds also added exposure. They purchased $1.2 billion, logging their eighth buying week out of the last nine. Big money sold. Smaller players and fast money bought.

Institutions offload US stocks just as dumb money and hedge funds absorb supply
Equity ETFs saw $2.2 billion in inflows during the same week. At the same time, single stock names recorded $8.3 billion in outflows. Investors favored broad funds over individual companies. The gap between ETF inflows and single-name withdrawals was clear.

Single stock outflows have now happened in 13 of the past 15 weeks. Total withdrawals over that stretch equal $52.0 billion. Institutions are selling directly into bids from retail traders and hedge funds. The flow data shows a steady transfer of ownership.

https://www.msn.com/en-us/money/savingandinvesting/institutional-investors-sold-8-3-billion-of-stock-last-week-the-second-largest-weekly-sale-on-record/ar-AA1WOpMM