It is an opinionated sentiment in that post, I do not have factual evidence on Powell intentions but clearly from Rambo Auto pilot rolling off and raising rates two more times in End December, and within two weeks comes out saying we will do what ever the big firms want... Since then, everyday there's a Fed person coming out claiming not to raise rates anymore, it is clear to anyone involved that a Soft landing is a much better option then Hard crash, but he kinda fucked it up in December, damage has been done. They should of waited in December, and raised in end Jan or End March, would of been exact same results and extended current cycle longer allowing there Balance Sheet to be reduced even more, surprising these guys are around markets and economy there entire lives and do not have a clue how things work, they couldn't see it coming even if it hit them in the face
Trader Sold 19,000 SPX 2100 Puts
- Thread starter Option_Attack
- Start date
Large bet on the 12/18/20s. Of course probably part of a larger trade. Haven't checked the numbers but supposedly $175 million prem payout.
I'm sure Des has some insight on this, especially if HE did it!
https://www.reuters.com/article/us-...0-causes-flap-on-options-market-idUSKCN1P82I8
Naked??!!
WTF does any of this diarrhea have to do with the 19K (24K?) short puts? Buffett short index puts on the eve of a 900 point SPX decline (55% drop).
Interesting chart someone pointed out on ZeroHedge Article...
https://www.newyorkfed.org/medialibrary/media/research/capital_markets/Prob_Rec.pdf
https://www.newyorkfed.org/medialibrary/media/research/capital_markets/Prob_Rec.pdf
Can you send a link..
I found this:
Buffett's Berkshire Hathaway sold billions of dollars in stock index options between 2004 and 2008, betting that markets would rise over the next 15 to 20 years. Although the trades were made anonymously, they were eventually disclosed in regulatory filings.
As long as the index doesn't drop more than 22 percent from its current level of 2,582 by that date, the bet will earn the trader roughly $175 million in premiums.
So about 23 months this trader is hoping the markets don't drop 22% from 2582....so s&p 2014....I think if the s$p was falling apart it could easily drop below that psychological number of 2000
So about 23 months this trader is hoping the markets don't drop 22% from 2582....so s&p 2014....I think if the s$p was falling apart it could easily drop below that psychological number of 2000
lol no I can't. There is probably 10K Google hits related to it.
Don't worry; it's only dark because the Earth rotates on its axis every 24 hours. The sun really doesn't rise in the morning... it's the Earth, Bro!
#GregorianCalendar
#EverybodyKnowsThatBuffettLostBillionsIn2008OnBerkshiresPutShortFuckingDuh
Unlikely. It traded live. And it was not GS
Well, considering that was the only large trade to open at the time, you can guess
He's guessing