BEARISH DATA, BEARISH BIAS Going through the What's In Play screener from @edgeful this morning, traders were able to key in immediately to a data backed bearish bias. Edgeful aggregates multiple reports based on historical probabilities and gives a clean visual of where traders should be targeting. Following along this morning, the data pointed to shorts and new lows of day, which played out into the lunch hour for a high conviction opportunity. Several of our traders on the @WOLF_TradingX livestream walked through this step by step through the entire move.

Bearish on the memory trade for the day? The T-REX 2X Inverse $DRAM Daily Target ETF, $RAMZ lets traders act on that view for a single session, seeking -2X of the Roundhill Memory ETF (DRAM)'s daily move. View the fund page and disclosures:

Bearish bets on US stocks are surging: Short interest in the S&P 500 is up to ~3.7% of its free float, near the highest in data going back to 2010. Short interest in the Russell 3000 is up to ~6.1%, also near an all-time high. Both metrics have steadily increased since the start of 2025. Furthermore, short interest across all NYSE-listed stocks rose to a record 9.0% of shares outstanding in late June. By comparison, this metric peaked at ~5.0% during the 2008 Financial Crisis and ~6.0% during the 2020 pandemic. Conditions for a short-squeeze are rising.

🚨 BEARISH BETS AGAINST OIL JUST HIT A RECORD HIGH. Brent crude put options just hit a record 764,000 contracts. Oil has already crashed more than 10% in just 8 days. And traders are betting the sell off isn’t over. U.S.-Iran settlement talks and the reopening of a major Middle East export pipeline are adding even more pressure. The oil market has gone from supply panic to record bearishness in just days.

Being bearish and calling for a top during a bull market should be something that we applaud because they are willing to get people into a low probability scenario, and you know how we really need heroes during this day and age. Bulls, you are boring and you suck. Stop telling people time in the market beats timing the market. I mean, who the hell has time for that?