This is the largest $SPY negative delta day in the last 30 days. Implies traders sold calls and bought puts as the market jumped higher.

This is the largest $SPY negative delta day in the last 30 days. Implies traders sold calls and bought puts as the market jumped higher. pic.twitter.com/U8h0URK6tH

— SpotGamma (@spotgamma) May 27, 2022

A great morning getting to chat with @michaelsantoli and @GunjanJS on @SquawkCNBC . t.co/X2bicRQi7L

— Cameron Dawson (@CameronDawson) May 27, 2022

The Great Tech Rout pic.twitter.com/Oo2dTxQCsj

— Sunil Beri (@sunchartist) May 27, 2022

"Bitcoin is lower. Why the divergence with stocks? Because there's no hedge fund community getting their a$$ handed to them covering their shorts. How many more times will you get to take advantage of a short-covering rally in stocks?"

–@KeithMcCullough on The Macro Show today

— Hedgeye (@Hedgeye) May 27, 2022

3) The inflation data has stopped getting worse (Aug/Sept 2021 say hi), but "clear and convincing" improvement?

You can point to a 3-month annualized core PCE or a Dallas Trimmed Mean. But to cite the chair: "This is not a time for tremendously nuanced readings of inflation"

— Nick Timiraos (@NickTimiraos) May 27, 2022