Ovi Montemayor

[The Kobeissi Letter @KobeissiLetter]

Risk appetite is skyrocketing:

There are now a record 48 million options contracts traded per day, on average.

This volume has tripled over the last 7 years and has surpassed the 2023 record of 44 million.

Furthermore, 0DTE options now reflect ~50% of the total volume.

Meanwhile, a record $6.6 trillion worth of equity options expired on Friday, confirming rapidly growing volume.

Risk appetite is incredibly strong.

[Ovi Montemayor @OMayor2]

@MattWallace888 A

[CABC @CABCSLC]

We are #DragonProud of @CarrollDragonFB ‼️
What an incredible season - you left it all on the field. You played with ferocity, heart, and commitment to each other. You gave us a reason to cheer and to believe in Dragons ever week. In our hearts, you are champions!

[Byron Wan @Byron_Wan]

Hong Kong’s securities watchdog searched the offices of about a dozen finance firms and individuals last month as part of a probe of company listings on Nasdaq. The Securities and Futures Commission is reviewing Hong Kong brokers, representatives of US underwriters and investors backing the Nasdaq-listed companies in Hong Kong. The probe centers around pump-and-dump operations, where people may have colluded to cause wild price swings.

The moves come several months after the New York exchange raised concerns about Hong Kong-based firms, which were queried about their pre-IPO investor identity, relationships with the company and share allocation.

It’s not clear if the investigation was initiated solely by the Hong Kong watchdog or if it was part of an action stemming from the US. The full scope of the inquiry and its current status are unclear.

https://t.co/xQGXZfBYZy

[MLFootball @MLFootball]

3RD AND 99 IS CRAZY

😭😭😭

[Shawn McCaskill @McCaskillSL2022]

Southlake Carroll Dragons win 20-17 on a last second field goal to advance to the State Championship! GO DRAGONS!

[Jim Toes @JimToes26]

To characterize this as a CAT “savings” is misleading. The reporting standards initially required by the @SECGov were unreasonable, unnecessary and costly. No victory lap to be taken here. https://t.co/jbMZLmTXvr

[Larry Tabb @ltabb]

We analyzed execution quality of largest retail equity wholesales vs 11 of 16 exchanges and there really isn’t a comparison. Wholesales up to 20x better. All about order flow segmentation.

@BBGIntelligence @Dougielarge @dlauer @GuFinProf

[Larry Tabb @ltabb]

⁦@BBGIntelligence⁩ Market Structure event SEC 2025. What do retail brokers want to see from a new SEC? Ovi Montemayor @schwab Matt Billings ⁦@RobinhoodApp⁩ Anna Kurzrok ⁦@Jefferies⁩

[Piers Morgan @piersmorgan]

Prime @MikeTyson would have destroyed @jakepaul in 90 seconds. A 58yr-old Tyson went 8 rounds against a much fitter and very capable boxer half his age. Mock him all you like, but Mike’s got the heart of a lion, balls of steel, and will always be an absolute legend.

[Nature is Amazing ☘️ @AMAZlNGNATURE]

Why did I expect it to start flying

[BORED @BoredElonMusk]

I’m convinced this is one of the most undervalued plots of land in the world.

If Mexico turned Baja into a special economic zone with privileges for international investment and long term land rights, and massively increased security, we are talking of trillions in investment in the coming decades. Imagine how many Californians would move south.

[The Kobeissi Letter @KobeissiLetter]

While everyone was busy talking about AI stocks this week, the US borrowed another $100 BILLION in 4 days.

Currently, total US debt stands at a record $34.5 trillion, up $11.2 TRILLION since 2020.

At the current pace, the US deficit for this fiscal year will cross $3 trillion, nearly double the $1.6 trillion deficit that Congress estimated.

Over the last 100 days, total US debt is up a whopping $1 trillion, an average of $10 billion per day.

We should see $35 trillion+ in US debt within a couple of months.

What's the plan here?

[Texas Rangers Insider @RangersInsiders]

El Bombi is the ALCS MVP

[SecurityTradersAssn. @STA_National]

“The retail trading experience has never been better. I know, I know, we say that every year, but it’s true.” - Ovidio Montemayor, @CharlesSchwab

#STADC2023

[The Kobeissi Letter @KobeissiLetter]

US national debt has jumped by nearly $1 trillion per month since the debt ceiling "crisis" came to an end in June.

Total US debt is now up $10 TRILLION since 2020.

To put this in perspective, it took the US 232 years to add the first $10 trillion in debt.

The worst part?

The debt ceiling is effectively UNCAPPED until 2025 in the latest debt ceiling agreement.

Deficit spending has no limits until 2025.

If we see a recession, we could easily see $50 trillion in US debt within 5 years.

Why is this not getting more attention?

[Claire Silver 🌸 @ClaireSilver]

Data collected by Instagrams upcoming Twitter competitor, “Threads.”

This is not only greedy, it’s dangerous. I’m physically repulsed.

[SIFMA @SIFMA]

Thanks to all for today's #SIFMAequity discussion. We commend the following resources:

US Equity Market Structure Primer: https://t.co/ZmzqfmsJCj
US Equity Stats: https://t.co/Y5YQk7Efbu
Market Metrics & Trends: https://t.co/iU2ji2RN9I
Research Quarterly: https://t.co/UTPnXylgqd