### Comment:
And Institutional investors been buying calls this month 
  
 Its the retail investors that are correct, they are too poor to short because of the collapsing real economy so they go with cheap puts. 6 more months until they run out of money for puts then the crash happens

### REPLY:
How do you know institutions aren’t net short and are buying calls for melt up insurance? Do institutions really use calls for underlying replacement anyway? Could be that institutions and retail are both short :0

### END.