Confluence — 968 total
Options traders have turned sharply defensive on CMG. The put-call ratio hit 1.296 on June 25 — just shy of the 52-week high of 1.302 set the day before. That reading sits 2.2 standard deviations above the 20-day mean…
Put buyers are circling VLO just as short sellers make their boldest move in months. The put-call ratio hit 0.79 on June 25 — 2.0 standard deviations above the 20-day mean of 0.70. At the same time, short interest…
Three distinct signals have converged on PCG in a single session. The borrow market tightened sharply overnight, short interest jumped 25% in one day, and options traders are piling into calls at near-record pace. Cost…
Why this matters: Three distinct signals have converged on OTIS this week. Options traders loaded up on downside protection. Short sellers added positions at the fastest one-day pace in recent history. Yet the borrow…
Why this matters: Since June 9, SOXQ has seen short interest climb nearly 300% in a month. This week brought another lurch higher — up 55% in seven days to 12.94% of float. The borrow market is tightening fast. Options…
The Procure Space ETF UFO has seen a dramatic reversal in short positioning over the past month. Short interest has collapsed 71% since late May. Options traders are now the most bullish they have been in weeks. SI hit…
SOXL shorts are back. One day after availability appeared to stabilise, short interest jumped 49% in a single session. The borrow market is tightening again — and cost to borrow has tripled since the start of…
The put/call ratio on MUU jumped to 0.79 on June 24 — a z-score of 2.39 against the 20-day mean. That is the most defensive options positioning in two weeks. It arrives as the borrow market snaps back to its tightest…
Nebius Group pulled back 5.7% on Wednesday to $259.66. Even so, the stock is still up 21% over the past month. Three lending-market and options signals are now pointing the same way — and none of them are bullish for…
Options traders are piling into calls on CB at an unprecedented rate. The put-call ratio has dropped to 0.58 — 3.06 standard deviations below its 20-day mean of 0.68. That's the lowest PCR reading in 52 weeks. The…
Options traders are betting against the selloff in RING. The put-call ratio hit 0.163 on June 24. That is a 2.5-sigma low versus the 20-day mean of 0.238. Call buyers are dominating even as the ETF drops 13.7% over the…
Why this matters: Options traders are making one of the most extreme bullish bets of the year on the OUNZ VanEck Merk Gold ETF — even as short sellers rapidly build opposing positions. The two camps are diverging…
Why this matters: Zillow Group has dropped 17% in a month. Major brokers are slashing price targets. Options traders just pushed the put-call ratio to its most bearish reading in weeks. Three signals. All pointing the…
ALOY's lending pool has essentially run dry. Availability collapsed to 0.03% on June 23 — down from 55% just four days earlier. Every share in the borrow market is now lent out. That is the steepest single-week…
USD, the ProShares Ultra Semiconductors ETF, fell 12.3% on June 23. The lending market is now sending urgent signals. Availability has collapsed to just 9.2%. That means fewer than one share remains available to borrow…
The borrow market for QTUM has deteriorated sharply since this morning's earlier report. Availability has dropped to 13.1% — the tightest reading in nearly a year — as the cost to borrow doubled in a single week. When…
Yesterday's note flagged a quietly tightening borrow market on FCUV. The data has moved again — and in the same direction. The cost to borrow on this Fidelity U.S. value ETF hit 3.03% on June 23. That is a record high…
Three distinct signals are converging on BHP this week. Short sellers pushed shares on loan higher. Options traders moved aggressively in the opposite direction. And a borrow market that was completely locked for weeks…
Morgan Stanley raised its price target on RAL to $85 this morning — a 25% jump from its prior $68 — while maintaining an Overweight rating. The stock trades at $69.22. That gap between the new target and current price…
Why this matters: Short interest in KORU — the Direxion 3X leveraged South Korea bull ETF — has collapsed by more than half in seven days. Options traders are shifting bullish at the same time. The borrow market is…
