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I wonder if he and his friends opened a bunch of options the morning of and are now collecting their winnings... he does have a bunch of crypto pump and dumper

I wonder if he and his friends opened a bunch of options the morning of and are now collecting their winnings... he does have a bunch of crypto pump and dumpers as advisors.

adharmad 2y ago
Or short sell one day before the tarriff announcements.
tombert 2y ago
I would think that it would be put options wouldn't it? Aren't puts the ones where you want the stock to go down?
- kristopolous 2y ago
  they have terrible names. I can never remember. A put option I think gives me the right to sell you a stock at a price. So say, ACME is trading at 110. I can buy the right to sell you ACME at 100. You say ok because it's at 110. But then ACME crashes to 50. I buy it at 50 and you are on the hook to buy it from me at 100.
bryanrasmussen 2y ago
You're thinking of Puts and Put-ins. However it would be funny if they did calls.
jayd16 2y ago
Not only that, but I assume they'll take more bites of the apple as they go down the list country by country and negotiate better rates for some kind of kickback and market manipulation opportunity.
- kristopolous 2y ago
  it's kinda strange that the largest tariff is in a landlocked country a 5 hour drive from elon musk's hometown. All the numbers on what a country is supposedly charging america appear to be a complete fabrication so we're forced to find other motivation for setting the numbers the way they did.
  - razemio 2y ago
    Not sure if I understand you correctly. I just watched a Youtube video explaining the formular. The Youtube user checked all 160+ countries. All have been calculated with the formular. So there seems to be no Motivation in this sense. All have received the same broken treatment.
adamredwoods 2y ago
Reddit's r/QuiverQuantitative. follows trades and puts by members of congress. MJ Greene bought stock in Dollar General.
- lostlogin 2y ago
  I’m not in the US, what could this mean?
  - vkou 2y ago
    It's a store chain that will soon be rebranded 'Ten Dollar General'.
  - unsnap_biceps 2y ago
    Dollar stores are the stores that sell the absolute cheapest versions of products. Usually low to very low quality, but when you're tight on money, it's where you go. If we enter a recession or depression, those type of cheap stores are going to get a lot more shoppers as folks try to tighten their belts.
    - ticklemyelmo 2y ago
      Those stores also predominantly sell imported products. They are going to be affected disproportionately by the tariffs.
  - nxobject 2y ago
    The running joke is that American legislators make "surprisingly" good stock trades for "reasons." Regardless or not of whether these picks actually tend to be good long term investments, it really, really rankles to know that a legislator expects poverty to come, is banking on that, but is otherwise not telling diddly squat to her constituents. https://www.morningstar.com/funds/2-etfs-that-track-congressional-stock-trades https://www.morningstar.com/funds/2-etfs-that-track-congress...
imadierich 2y ago
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I wonder if he and his friends opened a bunch of options the morning of and are now collecting their winnings... he does have a bunch of crypto pump and dumpers as advisors.

adharmad 2y ago

Or short sell one day before the tarriff announcements.

tombert 2y ago

I would think that it would be put options wouldn't it? Aren't puts the ones where you want the stock to go down?

kristopolous 2y ago
they have terrible names. I can never remember. A put option I think gives me the right to sell you a stock at a price. So say, ACME is trading at 110. I can buy the right to sell you ACME at 100. You say ok because it's at 110. But then ACME crashes to 50. I buy it at 50 and you are on the hook to buy it from me at 100.

bryanrasmussen 2y ago

You're thinking of Puts and Put-ins. However it would be funny if they did calls.

jayd16 2y ago

Not only that, but I assume they'll take more bites of the apple as they go down the list country by country and negotiate better rates for some kind of kickback and market manipulation opportunity.

kristopolous 2y ago
it's kinda strange that the largest tariff is in a landlocked country a 5 hour drive from elon musk's hometown. All the numbers on what a country is supposedly charging america appear to be a complete fabrication so we're forced to find other motivation for setting the numbers the way they did.
- razemio 2y ago
  Not sure if I understand you correctly. I just watched a Youtube video explaining the formular. The Youtube user checked all 160+ countries. All have been calculated with the formular. So there seems to be no Motivation in this sense. All have received the same broken treatment.

adamredwoods 2y ago

Reddit's r/QuiverQuantitative. follows trades and puts by members of congress. MJ Greene bought stock in Dollar General.

lostlogin 2y ago
I’m not in the US, what could this mean?
- vkou 2y ago
  It's a store chain that will soon be rebranded 'Ten Dollar General'.
- unsnap_biceps 2y ago
  Dollar stores are the stores that sell the absolute cheapest versions of products. Usually low to very low quality, but when you're tight on money, it's where you go. If we enter a recession or depression, those type of cheap stores are going to get a lot more shoppers as folks try to tighten their belts.
  - ticklemyelmo 2y ago
    Those stores also predominantly sell imported products. They are going to be affected disproportionately by the tariffs.
- nxobject 2y ago
  The running joke is that American legislators make "surprisingly" good stock trades for "reasons." Regardless or not of whether these picks actually tend to be good long term investments, it really, really rankles to know that a legislator expects poverty to come, is banking on that, but is otherwise not telling diddly squat to her constituents. https://www.morningstar.com/funds/2-etfs-that-track-congressional-stock-trades https://www.morningstar.com/funds/2-etfs-that-track-congress...

imadierich 2y ago

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