Contrary to Bloomberg, citing extreme worry among investors, option skew indicates extreme complacency. Bloomberg must be fact checking using Hillary's web site...
Index put/call ratio is sanguine
If investors are worried, why are cash balances at an all time low while internet stocks are at a cycle high? Is Facebook the new safe haven?
"Technology remains the leader. This is always a plus as it indicates the speculative sentiment is alive and well."
% bearish. Not. Compare 2008 to now...
And the most important measure of options complacency is the VIX which measures the implied cost of buying S&P 500 options:
The new safe haven
What could go wrong?
Bonus chart: Oil, is the chart of the day...
WTI front month future: