TOTAL PUTS CAME DOWN FROM 0.97 to 0.86.
This is still fairly elevated, no where near the low of full BULL Run we saw before.
This means, most arent believing the deal, or think tech rolled over ect.
Now, flip side. If they can secure an actual deal or something for the 45th time, these hedges should roll off AFTER FOMC 6/18.
That creates the GAIN window we want to reach ATH again mid to late July.
@grok pull up the last 4 days of TOTAL PUT TO CALL RATIO from
@Cboe then create a visual graphic.