Fun fact: traders shorts on $VIX are heading towards ATH
Shorting VIX (aka “Vol harvesting”) is one of the most popular strategies on Wall Street that can work for a very long time till a sudden jump wipes out many and brings things back to square one https://t.co/2GJr5biqiG pic.twitter.com/0ZDv3wThsy
— JustDario 🏊♂️ (@DarioCpx) January 9, 2026
Bank of America says all of their sentiment indicators all scream sell.
— TT3 (@TradingThomas3) January 9, 2026
7 billion in $SPX call sells that were dated into next week hit the tape Friday.
Billion with a B
Do with that information what you will.
— BREADMAN (@Breadddman) January 10, 2026
Grok:
Selling SPX calls generally signals a bearish or neutral sentiment, as sellers profit if the index stays below strike prices by expiration (next week). But it could be part of hedging or covered strategies, not purely bearish. Options flow data shows mixed views—check CBOE or Market Chameleon for latest. Overall, leans bearish if naked sells.
I decided to be a good student and work on some extra credit homework 🙇
Something interesting I found is that the $EEM/SPY ratio often bottoms around the same time $TLT bottoms. In the long run the correlation breaks down, but these key turning points and the few months… https://t.co/TcuH63HYxx pic.twitter.com/uD6VDOYuzE
— Krugman (on X break ⛱️) (@krugman87) January 9, 2026
S&P 500 ✨
NASDAQWhile the Nasdaq has completed its broadening pattern and most likely entered its distribution phase, the S&P 500 is still completing its fifth wave. (Almost there)
We are nearing the endgame.
Stay vigilant. pic.twitter.com/BOjKdaDlkx
— The Great Martis (@great_martis) January 10, 2026