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Hedge funds are the least net long US stocks in 5 years (Goldman)
Net leverage just fell 3.2 pts in one week. There's only 3 bigger drops in 5 years: Jan 2022, Oct 2023, Apr 2025
Two of those three marked major lows
Bulls are SCREWED if they lose this level 🚨
$SPY is trading 761 right now, sitting on a ~$1.8 BILLION Put Wall @ 760
Dealers are short gamma at -$5.1B. Lose 760 and the selling can accelerates
Someone just loaded nearly $25 MILLION of $SOXL puts in 18 minutes 🚨
$21M of it on two identical Jan 2029 $55 put blocks
Then 8 more sweeps on this week's $80 puts as SOXL slid from 87 to 85
Guys
Someone bought $5M+ of $MRNA 240 calls in under 15 minutes yesterday that expire next week
We just learned that Moderna's full cancer-vaccine data hits at ESMO on Saturday...
Institutions are dumping stocks at a RECORD pace
Their October single-stock selling is already the biggest of any October since 2008 (BofA)
With 2 weeks still left in the month
Last week alone: $7.0B out, their 10th-biggest selling week on BofA's books
Someone just bought $9 MILLION+ of $TSLA calls 🚨
1,600 contracts of the April 2027 370 strike, on open interest of just 143
Then $661K more on 410 calls that expire THIS Friday
Tesla reports earnings after-hours