by Tyler Durden
Friday, May 14, 2021 - 11:48 AM
By now, even the shoeshine boys know that just three months after pundits, traders and the media fawned over her every move during the February meltup, ARK Investment s Cathie Wood has become the market s anti-Midas - everything she touches, or owns, turns to shit.
As such,
short Cathie has become such a consensus trade that as Nomura writes this morning, a key “thematic extension” on its the Vol desk is
hedge funds pressing downside plays in ARKK (buyers of Jun and Aug Put Spreads / Puts) ; at the same time short interest in the ARKK ETF has hit an all time high.