As the S&P 500 stock short interest continues to linger near historic lows, signaling an unprecedented lack of bearish bets, concerns heighten over the market’s vulnerability to a correction. The persistently low levels of short interest imply a market sentiment that is overwhelmingly bullish, raising alarms about a potential overbought condition. Investors are left grappling with the question of whether this exuberance is sustainable or if it foreshadows a looming market correction.
S&P 500 stock short interest remains near the lowest levels in history pic.twitter.com/Azv5jOOmes
— Barchart (@Barchart) November 22, 2023
Stocks w/ most active options trading:$TSLA – 2.229M$PBR – 1.311M$NVDA – 1.029M$AMZN – 793k$VALE – 737k$PLTR – 598k$AAPL – 550k$MSFT – 475k$AMD – 415k$META – 253k$INTC – 250k$ZM – 211k$SOFI – 208k$BABA – 199k$MARA – 190k$GOOGL – 184k
What options did you trade?
— Barchart (@Barchart) November 22, 2023
Gamma explained 👇pic.twitter.com/xoZhJbbvdi t.co/CWb72kk7zx
— Financelot (@FinanceLancelot) November 22, 2023
Jeff Bezos of Amazon, $AMZN, is expected to be “aggressive” in selling more shares of Amazon today, and may sell as many as 8 to 10 million shares, which would amount to roughly $1 billion worth of stock, per CNBC.
— unusual_whales (@unusual_whales) November 21, 2023