Last week, traders of fifty or more options contracts bought to open nearly five million put options, spending $8.1 billion on those contracts, almost double the amount of any other week in 22 years, according to JasonGoepfert, chief research officer at Sundial and founder of SentimenTrader.
Goepfert describes the chart below as the most remarkable he’s seen in his career.
The net dollar value of premi...