George Soros held a total of over $2 billion (11 million contracts) worth of SPY puts at the end of Q2. That's up more than 600% from Q1. Of course, we don't know what's happened over the last 7-8 weeks.
Sell Into Strength
Started by
TechMan
, Aug 13 2014 10:59 AM
31 replies to this topic
#32
TechMan
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- Traders-Talk User
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Posted 16 August 2014 - 09:08 AM
From 8/7/14 low 1904.78, the SPX has advanced 2.65% in 5 trading days. However, the extra 1% pickup above 1940 over the past 3 days has not been accounted for, as far as short-term T-bills are concerned. The yield on the 2, for example, has dropped 14 basis points since 7/30/14 and continued to decline after 8/11/14.
Another thing that's unaccounted for after 8/11/2014 is the rise of my Grand PCR of all Index and equity contracts from 11 exchanges. Rallies off the lows are supposed to be accompanied by the declining Grand PCR.
