They're like oh yeah let's seell DRAM it's a bit overvalued vs our forecast but let's buy SMH because it seems undervalued according go the buildout plans
Maybe there was a 30% or even 50% price dispersion to be done on kimi cache release news but once it's done it's done
Everybody is bidding SPX because the economy is strong even if AI trade is facing headwinds
Let's bid because a peace deal in Iran is going to happen this week. Doesn't happen doesn't matter we don't sell
I'm happy I bought puts because I would already have stopped my short multiple times otherwise
If we actually continue rallying and they send Vix to 12 I wouldn't mind, I would recover my puts 10x over buying Vix