I’m not even sure if this is true, but can someone explain this to me? The argument being that there are too many put options, keeping the market “propped up.”
If the sentiment overall is bullish, buying pressure increases, and price action goes up.
If overall sentiment is bearish, buying pressure decreases, and so on…
Am I wrong? This argument doesn’t seem to make sense to me.
I’m also not insinuating that this rally has come because of this either, just trying to understand!
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