SPY QQQ 5/28 NOTABLE OPTIONS BET
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $iShares MSCI EAFE ETF (EFA.US)$ $iShares Silver Trust (SLV.US)$Another active session out there on Thursday, sweepers did a little stock picking and also managed to ride some momentum in short-dated strikes on both sides. Options sentiment, once again, heated up as the really extended into lunch, while an afternoon fade did manage to hose down a little of that bullish extreme heat into the close.
Get used to it because until we get some sort of drawdown or consolidation that lastsfor more than just a day or so, every time the rally extends, short term sentiment is gonna cook. Some chop and weakness here could really do a lot of good for future long setups.
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