Jason Goepfert (@jasongoepfert) posted at 10:44 AM on Mon, Nov 04, 2024:
Volume in VIX puts was more than 2x that of calls on Friday.
That's one of the highest turnovers in 15 years. It has typically spiked at times of extreme anxiety. https://t.co/UOvODNiQLC
(https://x.com/jasong...8950535459?s=03)
Tom McClellan (@McClellanOsc) posted at 3:10 PM on Mon, Nov 04, 2024:
Preliminary CBOE Put/Call Volume Ratio on Nov. 4 at 2PM ET is officially "pretty far up there". https://t.co/LMrXBR6YL1
(https://x.com/McClel...0312819118?s=03)
Longview Economics (@Lvieweconomics) posted at 8:06 AM on Tue, Nov 05, 2024:
Index put-to-call ration is at its highest level since October 2021!
Longview Economics (@Lvieweconomics) posted at 10:50 AM on Mon, Nov 04, 2024:
This level of US household enthusiasm for stocks usually doesn't end well!
On most prior occasions when consumers have been this enthusiastic about stocks (since 80s), the market has taken a major tumble. See chart
Examples:
Jan 2018 -> not a good year for stocks
start of https://t.co/lcCmucoxij
(https://x.com/Lviewe...9911785564?s=03)
I'd expect VIX to go higher at this juncture as there are likely frequent whipsaws as the election going thru the process ......................
Edited by redfoliage2, 05 November 2024 - 10:25 AM.
