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![SethCL Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::568403097.png) Seth Golden [@SethCL](/creator/twitter/SethCL) on x 56.3K followers
Created: 2025-07-24 12:04:16 UTC

At what point does this narrative not get embarrassing?

Institutional Option positioning bearish since May

Retail Option positioning bullish since April

One investor cohort knows how to get a return on capital, the other knows how to generate fees.

$SPX $ES_F $SPY $QQQ $CPCE $NYA $IWM $DIA

![](https://pbs.twimg.com/media/GwnxNuhWAAAt_9M.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948353535961190815/c:line.svg)

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[Post Link](https://x.com/SethCL/status/1948353535961190815)