StoryNote logo

Recessionary risk from ISM data yesterday has hurt the positioning on small caps quite signifanclty. This was positoning yday (pic 1). Here today, (pic 2). We see traders have sold ITM calls and bought puts. 210 is a support with call delta there, whcih will be retest. Skew sharply lower. Lets see.

by /u/TearRepresentative56 in /r/TradingEdge

Upvotes: 39

Favorite this post:
Mark as read:
Your rating:
Add this post to a custom list

StoryNote©

Reddit is a registered trademark of Reddit, Inc. Use of this trademark on our website does not imply any affiliation with or endorsement by Reddit, Inc.