Fuuuuuuuck i am beyond fucked. I took a leveraged CFD short position on Nvidia 20 before closing to take a quick setback trade. When I tried to close the system told me that stock CFDs can only get closed 10min before market ending. Now I am stuck in a 150k short with over 1% pre market gains alredy. Will propably lose 3-4k right at the opening.
Can you imagine if JPow hit the stage going "Yeah I'm jacked to the tits in puts because this economy is fucked lmao" and then he becomes the worlds first trillionarie on all those 0dte SPY puts he bought pre meeting.
Probably wouldn't even be the most corrupt thing to happen during Mango 2.0.
Pajama Traders move SpY to where it's gamma stable, market opens regards start slamming 0dtes. Spy bounces around a little and then returns to gamma stable.
For some reason regards: yo wtf happened.
Options dawg. Welcome to the party. Pre-defined, time bound purchase orders; all the line does now is show you were excise probability is roughly sitting.
I just read that small caps are getting targeted by shorters so that probably doesn't help. At the same time big investors are moving pre-emptively to the exact details on the 150M offering, they are deleveraging risk incase they gave a low-ball warrant offering or something. I'm assuming since the offering was oversubscribed and with the last 75M investment, they most likely will not offer warrants below $9 CAD roughly 7.25\~7.50$ USD. The most bullish thing would be if they sold at an effective 7.25$ (from rounded estimates) with NO warrants would be crazy, or warrants above 8$. We'll have to wait and see a day.