ATP doesn't show anything. Looked at it online at Fidelity, and it appears to be an adjusted option contract as the stock just went through a reverse split.sts7049 said:
this is what i see
Think that also explains the pop in price of the stock.
ATP doesn't show anything. Looked at it online at Fidelity, and it appears to be an adjusted option contract as the stock just went through a reverse split.sts7049 said:
this is what i see
Charismatic Megafauna said:
I'm putting some small bets on this still being one of the biggest weeks of the year with this price action being a gift. 465/467 Spy spreads for friday are .1, or 456/461 are 1.64 for a safer 200%
This is weird. The reverse split was 15:1.sts7049 said:
yeah, i saw there was a recent split.
it just seems too easy to get $2 for a 2.5 put. when i go to the final step TOS is saying i'd get that much credit though...maybe there will be some kind of adjustment?
yeah, lose 4530 and it get's castrated tooFTAG 2000 said:
The historically fifth most bullish week of the year is looking like it got its horns sawed off.
$30,000 Millionaire said:
Reminder that Fed is tomorrow.
Serotonin said:This was predicted several weeks ago with the sanctions but amazingly the rouble has rebounded to about where it was right before the war.AgLA06 said:Serotonin said:
And as many Russian oligarchs are finding out the hard way, deposits in western banks and large yachts are hard to keep away from authorities.
A handful of watchboxes with 8-9 figures worth of watches? Much easier to keep safe or quietly offload.
I guess. Doesn't really matter if the currency where you live is worth less than toilet paper. Just ask the Russians.
https://on.ft.com/3x4q2JQ
Sidebar: Russia's Central Bank governor is one of the best if not the best monetary policymaker in the world (and a far cry from our latest nominees). They've implemented strict capital controls and raised their key rate to 20% to avoid inflation and a collapse of the currency.
What would the fed day say that would make the market rally? They can't ignore inflation, best they can do is say they'll be measured and careful about when to raise rates.Charismatic Megafauna said:$30,000 Millionaire said:
Reminder that Fed is tomorrow.
There's a good chance that today priced in the worst case scenario from the fed tomorrow, right?
Best case putin keels over tonight and all these calls i bought today pay bigly
$30,000 Millionaire said:What would the fed day say that would make the market rally? They can't ignore inflation, best they can do is say they'll be measured and careful about when to raise rates.Charismatic Megafauna said:$30,000 Millionaire said:
Reminder that Fed is tomorrow.
There's a good chance that today priced in the worst case scenario from the fed tomorrow, right?
Best case putin keels over tonight and all these calls i bought today pay bigly
makes borrowing money more expensive. Growth companies rely on borrowing money to grow. Less growth means less interest in owning high PE equities. So they sell off.Brian Earl Spilner said:
Can someone explain why more aggressive interest rates have the market so spooke? It seems to me getting inflation under control is a good thing and should be priority #1.
both can be true. Higher interest rates in a way are forcing consumers to borrow and spend less. To bring spending more in line with production. Lower demand so supply can catch up. This normalizes prices and brings inflation down.Brian Earl Spilner said:
But doesn't ridiculous inflation hurt everything?
Bonfire1996 said:
By raising rates very fast, the FED is signaling that they intend to not just slow the economy, but stop it. They intend to destroy jobs.
The market is priced around 15x future earnings which implies a growth mindset. When the FED says they intend to impede that natural growth from happening, the market must be re-priced.
I think it's highly likely we test 4490 overnight and/or tomorrow and usually with a 200 ma touch, you get a flash past it a bit. I'm long a couple puts here and that's about it. The trend down today ran into the close.Charismatic Megafauna said:$30,000 Millionaire said:
Reminder that Fed is tomorrow.
There's a good chance that today priced in the worst case scenario from the fed tomorrow, right?
Best case putin keels over tonight and all these calls i bought today pay bigly