The Long Short Ratio in the Purp Market

There's a long for every short, or short for every long. What you really need to think about is what wat is the risk of the people on both sides of those contracts? So market makers are delta neutral, meaning that they have no directional bias in the market. They're just providing liquidity, and then they get paid a fee by the exchanges. And so we had, we had all time high in terms of this long short ratio on finance,. which is the largest, a me of largest exchange by volume and open interest. That meant that o retail was really aggressively positioned for higher prices without any kind of major flush out or shake out of it. But that got wiped out pretty

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