Analyst Paul Weisbruch of Street One Financial brings us his daily fund flows update, which today points out some bearish bets on the world’s largest ETF, inflows coming back to large-cap equity funds, and fresh new lows for long volatility products.
We have seen some mild interest in near term downside puts earlier this week in SPY, with the April 230 puts trading a bit earlier this week, but not in heavy volume.