THIS CHART SHOULD SCARE EVERY STOCK INVESTOR

The average 3M put/call skew of SPX single stocks has dropped to 0.04.

This is the 2nd lowest reading in almost 19 years.

But why does this matter?

This measures how much investors are paying for downside protection compared to upside speculation.

When this ratio becomes too low, it's a sign that investors are no longer paying attention to market downsides.

The last time this went very low was in Jan 2025, and the stock market crashed 20%.

What's interesting here is that over the last 2 months, this has gone down by 84%.

This is despite an active war and rising oil prices and bond yields.

What this suggests is that markets are no longer worried about a dump and everyone is thinking "UP ONLY."

And that's exactly when large crashes usually happen.

For now, the market is being manipulated by publishing daily fake news regarding the US-Iran peace deal.

But this can't go on forever.

With inflation going up and the global bond market breaking, markets will soon catch up with reality.

And this is exactly when this bubble will pop.

$DUSK
{spot}(DUSKUSDT)
$NATGAS
{future}(NATGASUSDT)
$NAORIS
{future}(NAORISUSDT)