True, and one mans betting it will go up is one mans betting it will go down. only time will tell where the smart money was. All this good news out and still at 1150ish. Ok, short AMR early this morning, or sell some puts. everything here in the market is about to be overshadowed by the OIL trade.
Professionals tend to lean toward selling puts and getting paid up front. I'm not suggesing the pros don't buy puts (lean toward). Few retail investers sell puts! So this tells me (lean toward) an overheated banking sector. So what are you suggesting? I'm giving your information (you provided) a 60/40 positive for FAZ.