And they ALL entered short again below 5270. Just look at that plunge.
I guess you and your permabull buddies need to be looking for a day job soon. LOL
Excerpt from Financial Derivatives: Markets and Applications (2023)
Determination of Futures Prices
How are futures contracts priced? To answer this, recall from our earlier discussion the following two factors: (i) futures are like forwards except for standardization and exchange trading and...
OMG I can't believe you fell for that "razor thin margin" crap. C'mon, Jim Simons is notorious for keeping everything under wraps. He literally pulled that one out of thin air. And I thought you were an options hot shot. LOL
While we're on the topic of crazy and surreal, might I recommend the following title.
Tortured Cardboard: How Great Board Games Arise from Chaos, Survive by Chance, Impart Wisdom, and Gain Immortality