Options trading and market analysis: the Hindenburg Omen, a rare signal that fires when a large number of stocks hit new 52-week highs and new 52-week lows at the same time while the market trends higher, triggered 11 times last month. Mike Butler and Liz Dierking check the math. Liz says it is just normal sector rotation dressed up as a crash warning, hindsight always 20/20. Mike says the volatility market is the real tell, and until VIX futures shift, he does not expect a big downside move. Plus a look at the steep put skew in SPX and a dramatic 6x downside skew in the Nasdaq. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 What is the Hindenburg Omen and why it fired 11 times 00:57 Not every omen leads to a crash 01:12 Sector rotation dressed up as a warning 02:24 Why the vol...