Loading ...“Same thing with the stock market. The ratio on the SPX / SPY is above 2, or twice as many puts as calls. Want to know why the stock market doesn’t go down despite the fundamentals — there’s your answer.”
I believe this is called the “Fed put” – what the ESF or PPT use to keep the SM goosed.
Funny, the VIX is spiking again today – the Gundlach effect… 🙂