Here it is this weeks Edge Report , we discuss the Macro economics that can affect the markets
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Sold a defined‑risk put spread on CZR
Short 26P @ 0.51, long 25P @ 0.04 → net credit 0.47 on a 1‑point wide spread. Max profit 47, max loss 53, breakeven 25.53. I’m basically betting CZR stays above 26 into expiry and getting close to 1:1 risk/reward for taking that shot.
One trade today was a credit spread on $CZR
Tilman Fertitta is trying to take Caesars private at ~32–34/share, levering up a 30B+ casino empire that does 11B+ in revenue. Genius turnaround play or peak‑cycle, debt‑soaked gamble on Vegas
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