π¨ Retail risk appetite is surging.
β’ February was the 5th-strongest month on record for retail equity purchases.
β’ Individual investors have now bought stocks for 26 consecutive months.
For comparison, the 2020β2022 cycle saw 29 straight months of buying.
Meanwhile, retail options activity keeps accelerating:
β’ +14% vs 2025 levels
β’ +47% vs the 2020β2025 average
π Retail investors remain one of the most powerful forces driving the market today.
β’ February was the 5th-strongest month on record for retail equity purchases.
β’ Individual investors have now bought stocks for 26 consecutive months.
For comparison, the 2020β2022 cycle saw 29 straight months of buying.
Meanwhile, retail options activity keeps accelerating:
β’ +14% vs 2025 levels
β’ +47% vs the 2020β2025 average
π Retail investors remain one of the most powerful forces driving the market today.

