It's been a while now since we've seen a 600 point up or downmove intraday in bn. Wonder if that's a thing of the past now with weekly options.
I don't think its to do with the weeklies but maybe more of mkt conditions
ie. Announced events vs sudden ones.
VIX, Options IV etc tells it all that we are in a very low swing state and it encourages investment.
Remember bulls climb the stairs while the bears jump out of the window