How insane was today's market action? It may well have been one of the most insane days in history, and here just two indicators to demonstrate it: the volume on the Nasdaq was off the (older) charts, hitting 11BN shares (and that's with Nasdaq stock prices at all-time highs), more than double the 4.3BN average, and almost 50% higher than the previous record day hit earlier this month.
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And in case that wasn't enough, here is the chart of total call options traded: at 38 million, it was the busiest day ever for call trading (puts were a paltry 50% of this).
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