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Along the same lines;Al_Dente wrote:5/20, yesterday, Bloomberg: small options traders are bullish to a point that signals trouble for U.S. equities, according to Sundial Capital Research.
“Last week, the smallest of options traders, those with trades for 10 contracts or fewer at a time, opened a new record of net bullish positions,” Sundial President Jason Goepfert [of SentimenTrader] wrote in a note Tuesday. In comparison, very large traders, those with trades of 50 or more contracts at a time, haven’t been betting so much on a rally... That has widened the spread between small- and large-trader net bullish positions to a record, with the gap jumping “like it did in 2008” in the past couple of weeks … This has a strong tendency to lead to lower prices over the short to medium term” he added.
ThinkorSwimK447 wrote:It's very stupid — people are going to drown."
CNBC picked up the story and tweaked itAl_Dente wrote:5/20, yesterday, Bloomberg: small options traders are bullish to a point that signals trouble for U.S. equities, according to Sundial Capital Research.
“Last week, the smallest of options traders, those with trades for 10 contracts or fewer at a time, opened a new record of net bullish positions,” Sundial President Jason Goepfert [of SentimenTrader] wrote in a note Tuesday. In comparison, very large traders, those with trades of 50 or more contracts at a time, haven’t been betting so much on a rally... That has widened the spread between small- and large-trader net bullish positions to a record, with the gap jumping “like it did in 2008” in the past couple of weeks … This has a strong tendency to lead to lower prices over the short to medium term” he added.