Up to now 12 months we have seen the implosions of:
- NFTs
- Meme shares
- Crypto
- Tech shares
With that, you’ll assume retail merchants would sober up. As a substitute, they’ve switched from arduous liquor to crack cocaine within the of ultra-short-dated fairness choices. This is a chart from Goldman Sachs exhibiting that 44% of SPX quantity within the third and fourth quarter (to this point) has been in choices with lower than 24 hours to expiration.
At the moment is quad witching so it makes me skeptical of value motion however there’s additionally a much bigger image story right here and it ends badly.
No matter occurred to investing?
