@adamscochran People are confused about this $1.5 billion. It can also be short/long covering. Its notional, by no means was that amount of capital invested into that trade. That buyer(s) becomes a seller and $1.5 billion hasnt been sold. You can actually see how many contracts were traded.
@PeterLBrandt He's very public about saying buy the market. People are also very confused about this $1.5 billion. It can also be short covering. Its notional, by no means was that amount of capital invested into that trade. That buyer(s) becomes a seller and $1.5 billion hasnt been sold.