Russell 2000 Call Volumes Explode To All Time High In Short-Crushing Ripfest

It was already a brutal month for shorts after last week's ripfest (see "After "Record 14 Weeks Of Shorting", Hedge Funds Steamrolled In Epic Meltup Squeeze" from last Friday); today was just the funeral (as Michael Hartnett, Goldman and we warned).

Ironically, the big move today was not driven by stocks - it was the bonds that were behind it. Yesterday, we told our premium subscribers in our private twitter feed that all that we need is a spark of bond buying to create an avalanche as the CTA squeezefest sends treasury prices soaring...