Daily Report : Breadth has broken out; Options traders make stunning bets on rising prices

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-06-08 at 17:32:02 CDT

The cumulative advance/decline line has made a new all-time high. This suggests that liquidity is plentiful and investors are interested in a broad cross-section of securities. It has been a generally good sign for stock indexes over the longer-term, especially over the past 30 years.; Last week, options traders established record speculative positions in stocks and ETFs. It was especially egregious among the smallest of traders, who blew past any previous record of speculative activity. They bought a massive number of call options while buying relatively few puts.

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