Calls > Puts Post Covid

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First time that the calls exceed puts post covid. Congratulations! But what does that mean for the stock market?

From my point of view, I do not think it's normal for calls to exceed puts, as even in the most bearish time - March 2020, the puts are always larger than calls. But this time the opposite.

It's unfortunate as TradingView does not have the data from the 2008 crash, but I do think this is a bull trap for those who believe this is the "bottom". Still shorting, and stay shorting.

Sincerely,

Penafian

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