CHART OF THE DAY: AI Hype Pushes SPX Call Volume to ATH

Have you ever been on a plane that didn’t land? How about one that lands “softly,” but can’t take off again?

As you can see in the chart below:

A) AI “news” mentions already went vertical alongside company transcript & conference call mentions
B) SPX Call Volume hit ATH (all-time highs) into that mid-June OPEX on that …
C) And, of course, this all happened before ANY company other than NVDA reported anything of AI consequence