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