Posts
Hold my $170 HatePut until the 26th or sell it now?
First time options trader here, bought a $170 put on SPCX while it was trading at $215 for a $9.27 contract. The predictable has happened since then, I only lose $200 or so on the contract value between now and the 26th when the first wave of IPO buyers can …
Sharon AI $SHAZ
I know the CEO and he told me it’s going to moonshot end of year. Sharon going to give me da herps
SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion
The Circle-Jerk continues. $2B funding from JPM and NVDA, to grow Open Source AI models (which they haven't apparently launched yet). Paying $150M/Month to SpaceX, but (not in headline) can cancel with 90 days notice, to access..... Nvdia Chips.... Doesn't seem to be helping SpaceX share price much. And if …
No crying in the casino. 🗣️🗣️
[https://www.independent.co.uk/news/world/middle-east/iran-us-war-live-trump-strait-of-hormuz-israel-switzerland-talks-b3000114.html](https://www.independent.co.uk/news/world/middle-east/iran-us-war-live-trump-strait-of-hormuz-israel-switzerland-talks-b3000114.html)
Russell Reconstitution Arbitrage: Index Funds Forced to Buy Big Into INFQ & ONDS This Friday
TL;DR: Friday June 26 is Russell Reconstitution day. Passive funds must buy newly added stocks at the close. INFQ and ONDS are both confirmed Russell 2000 adds. I loaded deep ITM July $10 calls on INFQ near parity (almost zero IV crush risk) and cheap ONDS July $12 calls as …
Bought 300 shares of MSTR
Sold ATM CC’s on all of them that will expire in December.
Alan Greenspan, Who Led Fed During Boom Before 2008 Bust, Dies at 100
Alan Greenspan, former chairman of the Fed, dies at age 100
BofA now sees no Fed rate cuts until 2028
*Analyst Aditya Bhave said BofA expects the Fed to raise rates by 25 basis points in each of September, October and December, taking the policy rate to 4.25–4.50%. "We think the Fed will stay on hold next year," Bhave wrote, with inflation likely remaining sticky enough to keep the real …