> most of retail and individual investors had puts or shorted the market Most retail investors absolutely do not own puts nor are they net short the market. T

> most of retail and individual investors had puts or shorted the market Most retail investors absolutely do not own puts nor are they net short the market. The actual situation over the past few months seems to be the exact opposite of what you mention. It would seem that institutional investors have been using their retail facing market commentators to urge the public to "buy the dip" while the institutional smart money is selling every uptick: - https://www.zerohedge.com/markets/jpmorgans-resident-permabull-marko-kolanovic-says-take-profits https://www.zerohedge.com/markets/jpmorgans-resident-permabu... - https://www.zerohedge.com/markets/pain-trade-remains-higher-hedge-funds-sell-every-rally https://www.zerohedge.com/markets/pain-trade-remains-higher-...