brickhouse1013

brickhouse1013 t1_j29cj6n wrote

Besides the conspiracy theory part regarding the market hating retail there is the logical explanation that large funds hedged appropriately and if they are also holding puts the market will not sell off all at once.

If a long position is properly hedged there is little reason to sell longs below put strike.

I have a theory yet to be proven that we don’t see another major leg down until last years leap outs expire 1/20/23.

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