@RobMcLister@avotoastxoxo@cibc Can you give an example of "breaking a 5 yr" other than looking for a lower rate? Does selling your house at year 3 count?
In this spirit, since I’m on the train for a minute, short thread on VIX and VIX futures/options, since this is something I see a ton of confusion about.
In 1955, an onion farmer from New York made a fortune cornering the market for onions in the United States.
By the time he was done, there were literally onions flowing through the streets.
Who's up for a story?
👇👇👇
@loomdart Oil ETF buying spree ongoing. Negative roll yield for one month on front WTI is -60%. $USO currently switching to June contract and may being liquidated. Typically they buy the front month and roll it every month - but this is a very expensive trade rn.
@foulky833@MikeMcDonald89 Sell something you don't own - with a requirement you have to buy it back at a later date. If you have to buy it back you hope the price will be lower by then.