Call Buying Craze

I have noticed that the call buying in the past week has been as extreme as I have ever seen it. The following charts from Traders Narrative give an excellent graphical representation of what occurred after previous instances of this type of call buying, even in the context of a bull market.


2 comments:

Anonymous said...

Looks like a slight pullback , then a rally higer to me. Thanks.

Tsachy Mishal said...

Its a long term chart so the moves look smaller than they are. They also lasted a few months.