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    About 20M shorts have closed from Ortex data Timmy (Ortex has data from about 70-80% of the reporting insto's)
    I estimate there's another 50M left (less about 10M which are there for the Delta Hedge as per Jamesy).

    Agree with you, I don't think they'll close until low 7's unless we get a surprise ANN from left field.

 
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