[Founder of Formula: Sold Nearly $7 Million in Storage Stock Put Options Today, Sector Downward Sentiment Nearing Its Limit] BlockBeats News, July 28, Formula News founder Vida stated on social media that nearly $7 million worth of storage concept stock put options were sold today, most of which are set to expire in one month. The current downward sentiment in the storage sector has nearly reached its limit, at least from an emotional perspective. All the top traders are lamenting that they never expected such market conditions to occur, and the implied volatility of storage stocks is at its highest historical percentile. The AI revolution is still ongoing, demand remains, and the fundamentals from a month ago have not changed. This is equivalent to the same goods being offered at a 35-50% discount one month later. [Original Link]