$GOOGL absolutely nuked today.
Down 12%. Biggest single-day market cap wipe in history — hundreds of billions gone.
Market structure screaming bearish:
• Net call premium: -$298M (and dropping)
• Net put premium: +$124M (and climbing)
Traders rotating hard into puts, dumping calls across the board.
This isn't a dip. This is capitulation.
Down 12%. Biggest single-day market cap wipe in history — hundreds of billions gone.
Market structure screaming bearish:
• Net call premium: -$298M (and dropping)
• Net put premium: +$124M (and climbing)
Traders rotating hard into puts, dumping calls across the board.
This isn't a dip. This is capitulation.
