How realistic are these … great expectations?

“Great Expectations” may be a fitting description of the mindset of many stock market investors as they raise their glass to what is being called the up coming Roaring Twenties.

And novice speculators are on board.

This chart from SentimenTrader shows among the smallest of traders, 54% of volume flowed into buying call options over the past week. That’s a record amount of focus among the most speculative of strategies and among the most speculative of traders. The 5-year chart shows just how much the behavior has ticked up.

For the discerning investor check out a growth through protection investing strategy for retirement assets: