Haha. Too much capital chasing limited goods. Seeing these charts all over the place. Massive liquidity scrambling to find a home anywhere that protects it from asset inflation (e.g. an asset that inflates more than the average asset inflates).  

    QQQ - speaking of too

    Posted by DigiNomad on 6th of Feb 2024 at 02:21 pm

    QQQ - speaking of too much. Selling puts on the indexes has gotten WAY too easy. One of these days the market is going to open up the trap door on a day like today and wipe out a lot of people. There's barely a bid on puts below 424 and even 424 will only cost you $10 dollars right now. Essentially, the market is all in on the idea that support will hold today. I agree, but the actual probabilities are still way under priced. 

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