The tweet was deleted by the author.
But we saved everything 🙂.
Keith McCullough criticized what he describes as post-pandemic retail investor bulls who frequently use leveraged options strategies and chase the same stocks. He pointed out that, despite a recently issued signal to exit NVDA, there was significant trading activity in weekly NVDA $185 call options on Friday, even though the stock closed at $180.
McCullough's comments highlight continued aggressive risk-taking by some retail investors in popular equities.
McCullough's latest assessment of speculative trading among retail investors strengthens ongoing concerns about structural weaknesses in the markets, an issue he has previously outlined in analyses of how the current market structure exposes trading vulnerabilities. His observations also intersect with recent instances of bond market volatility disrupting established support levels, highlighting the persistent instability that underpins recent trading dynamics.