Put delta is nearing the put-heavy extremes from Dec ’18 and Mar ’20; Only 5% of Tech stocks are trading above their 50d moving average, the lowest since beginning of April 2020

call delta : put delta is nearing the put-heavy extremes from Dec '18 and Mar '20. pic.twitter.com/Tkv1WUN5qx

— SpotGamma (@spotgamma) January 26, 2022

Only 5% of Tech stocks are trading above their 50d moving average, the lowest since beginning of April 2020 pic.twitter.com/djjeasWowL

— Liz Ann Sonders (@LizAnnSonders) January 26, 2022

Here is where credit spreads are now vs March 2020 and let's keep in mind Fed interventions ongoing that are soon to be reversing. Credit spreads yesterday reached a level about 10x lower than peak crisis in early 2020 pic.twitter.com/mFKo8mmWzH

— Credit Spread Alert (@AlertCredit) January 26, 2022

All of $ARKK's outperformance vs. $QQQ since its IPO in 2014 is gone. pic.twitter.com/l7NwrC1fVy

— Brian G (@alphacharts) January 24, 2022