Bye bye liquidity… right when everyone is max bullish and on vacation.pic.twitter.com/8Y0a7zk1WV t.co/FQUZXdc38m
— Financelot (@FinanceLancelot) June 2, 2023
The chart of the week:
S&P Tech with the ISEE call/put index:t.co/zlMsxl36fz
Getting out, there will be no one on the other side of the trade. pic.twitter.com/rHyXwFz3oe
— Mac10 (@SuburbanDrone) June 2, 2023
The $VIX hasn't closed below 15 since February 2020 (start of the pandemic) – at 14.85 right now. pic.twitter.com/8U4IBhE4L4
— Charlie Bilello (@charliebilello) June 2, 2023
AI/Debt deal drives record Tech FOMO:t.co/5m7lGP3FhR
— Mac10 (@SuburbanDrone) June 2, 2023
$qqq to $iwm ratio never higher pic.twitter.com/cl85gZzILY
— Michael J. Kramer (@MichaelMOTTCM) June 1, 2023
This is the most extreme SKEW spike we've seen. Even Dec 2019 doesn't compare, right before the virus hit.
SKEW measures OTM Puts. During extreme rallies more puts become OTM followed by a sudden reversal. SKEW falls with expiration dates or when OTM become ITM due to a crisis t.co/OZVZOEMRlm pic.twitter.com/CVLxqO9Q2s
— Financelot (@FinanceLancelot) June 2, 2023
Chase is on, Put/Call ratio back to the lows
Chase is on, Put/Call ratio back to the lows pic.twitter.com/l9TFQgSiZL
— Danny Kirsch, CFA (@danny_kirsch) June 2, 2023