In today’s Macro Volatility Digest:
▪️ While the SPX® Index is up over 9% over the past month, the rally has been incredibly concentrated, led largely by the Tech sector (up 20%).
▪️ We’ve seen a sharp uptick in call buying activity from retail investors.
▪️ With the sharpness of the recent Tech rally, overwriters have pulled back, with the share of retail opening activity that is selling calls dropping from 24% to now 17%.
Get a sneak peek below, and download the full report: 🔗