The quote above is one Lance Ippolito saw from the famed contrarian hedge fund manager Harris Kupperman…
And we agree in thinking he's spot on.
When it comes to investing… There really isn't anything worth buying at the moment…
As much as everyone is hoping for a rosie market, it ain't happening yet…
And how could it?Everyone and their brother is SELLING stocks…
The Wall Streeters, the politicians, and corporate elites CONTINUE to dump shares like there is NO TOMORROW.
Our man, Elon Musk, just unloaded $4 billion in Tesla shares…
It's a CLEAR signal, that he does not think the stock is going up any time soon…
BUT…On the opposite side of the spectrum…
The options market has NEVER seen so much action…
In fact, we'd argue that the "Stock Market Elites" are turning their backs on stocks, and going "ALL IN" on options…
Look at the facts:
8.1 BILLION dollars in option premium was just recorded – that is the highest in at least 22 years…
Option trading volume broke single day and monthly records…
And to top it all off…
Lance is seeing some really outlandish -or dare we say- "unusual activity" in the options market…
Like some really scandalous looking stuff…
And a lot of it seems to be happening ahead of earnings and financial announcements.
Like T Mobile's earning beat.
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