CEO 10k-day: Hows that ■■■■ work? Looks like it went from 4000 a few years ago to ~20 today.
They buy VIX futures in a fashion that should return 1.5x the return of a short term vix futures benchmark.
Or in my own words it’s my favorite “this time markets are really falling” play, because it will deliver on that. But if you look at the one month away option expirations on it, even out of the money calls are demanding absurd sums, and since the option market doesn’t miss-price ■■■■ it really makes obvious the fact that someone’s going to get fisted.
Just pointing out a big tug of war between market history that the sky isn’t falling 99% of the time, and the absurd price of insurance right now.
Are you getting short the market here?
No, but I love browsing.
Wow look at that intraday swing on PLTR. Hope you bought more in the 9s
Send it back down plz
No for real I have more buying power. That’s a huge swing.
Welp, it came back down. How’s everyone hanging in?
I’m having a baby.
Say what now?
Is this a euphemism for something or are you actually going to be a dad?
I married the woman I knocked up and basically regret everything afterward. And prior.
YMMV.
Namaste my brother. I’m sorry that happened.
Did you lose half your $$$?
Not yet. Waiting til I don’t have to worry about child custody disputes or support payments.
I married a woman I’d known only 11 months; only 3 months when we got engaged.
Last December we celebrated our 42nd wedding anniversary.
Apparently my mileage has varied considerably.
42 years! That’s impressive. Congratulations on finding someone who can tolerate you that long
Ouch!
It must be exhausting, with him pointing out every typo and grammatical error at the kitchen table, you mean?