On April 4, 2025 the NASDAQ 100 dropped over 6% with a 1,100+ point decline after 2 significant gaps occurred. NASDAQ 100 volume jumped well over 2 billion shares as retail traders moved out of the market. The CNN 5-day average put/call ratio climbed above 0.90 at the close.
A similar sequence of events has progressed through October and November 2026. The NASDAQ 100 dropped more than 6% on November 5, 2026 after 2 gaps occurred. NASDAQ 100 volume also moved above 2 billion shares. At this point the 5-day average put/call ratio has not moved above 0.90 at the close.
The current level of volume can be attributed to the usual suspects, such as AAPL, AMZN, GOOGL, INTC, MU, etc.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of http://StockCharts.com.
