Every time the VVIX correlation coefficient crosses -.30, there’s a big reaction. Let’s see if it happens again

https://twitter.com/matrbk/status/1362931540951375875

Everyone is NOT long Equities (cont.):

Futures traders have cut exposure aggressively – even as $SPX holds near the highs.

The 2-week positioning change is the most negative in history – previously only seen at bottoms.

Futures traders now hold a total of ZERO Stock exposure. pic.twitter.com/nYbweLCtyO

— Macro Charts (@MacroCharts) February 20, 2021

Weekly call options contracts (pink) bought to open saw a sharp decline this week, but still hold a long term trend higher.

Puts remain of little interest. pic.twitter.com/T31RDR1O0Q

— SpotGamma (@spotgamma) February 20, 2021

This chart is just amazing. pic.twitter.com/mLcWQhm5jb

— Dune AnaIytics (@DuneAnaIytics) February 20, 2021