Just saw this wild stat on Twitter. Bearish bets (puts) vs bullish bets (calls) at an all time high. How are people more afraid now than 2020 or 2008? And after q3 GDP print of 3.2% vs 2.5% expected?
Global pandemics and the collapse of the global financial system is less scary than positive GDP growth??
Or have options become overused and abused to unreasonable levels?