(CTML)Look at the increase in short interest in the RTH--it increased from ~43% from April. I have puts on RTH (Jul 100's). They are not doing so well. I elected to keep the puts, and I bought RTH to soften my short position. Below is today's picture at 11:30 a.m. I'm going to hazard a guess that the buying interest is short covering rather than confidence in the consumer and confidence in the retailers. I elected to close my long position @ $107.63
Addendum:....WMT's recent news is driving this. Their chart shows this identical uptick. Nevertheless, the shorts get squeezed in RTH when good news for a beast such as WMT erupts.
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