As I like to say,"Every trend has an end" so we should look at the case when the trend reverses. Big players are already leveling up the contrarian bets. There is a call wall according to GEX data which was the highest OI for the SPX at 7400 but that has been broken. Smaller walls exist at 7425 and a bigger wall at 7450, and a greater wall at 7500. So preparing for the trend reversal by taking contrarian positions, though it may involve some mark to market loss till trend reversal
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