Traders bought 35.6 *million* calls on #stocks last week. 35,600,000!

"This kind of activity has a strong tendency to lead to negative returns .... over a multi-week to multi-month timeframe."

Speculative fervor in U.S. stocks surges to "stunning" levels https://t.co/aLEOt77urh https://t.co/R2lMD0QdFK