BREAKING: I've been given permission to share a piece of the Bob Huggins Documentary, Beyond The Bench thanks to Executive Producer Allen Hilsinger. Thanks to @Truckbryant25 and @CorieBlount as well!
Get ready to cry & SHARE THIS OUT FOR HUGGS plz!
Options selling is booming like never before
Assets in derivative income funds jumped to a record **64 billion**--that's a 50% jump from last year and the highest level in records going back to 1996 --Morningstar
Jamie Dimon is one of the world's most respected business leaders. Politically he is a centrist. He is pro-business and pro-free enterprise, but also supportive of well-designed social programs and rational tax policies that can help the less fortunate. He is extremely smart, thoughtful, and pragmatic, and he knows how to bring opposing parties together. He is highly respected by the Right, the Left, and the Center.
Jamie is beloved by his 240,000+ employees, highly respected by our military as well as by the global political and business leaders that matter. He has superbly managed @jpmorgan through every crisis, and has built the world's best, large, global financial institution working for clients from startups and mom and pops, to global institutions and countries.
Our country is at risk with $32T of debt with no end to massive deficits in sight, heading into a recession at a time of great political uncertainty. We need an exemplary business, financial, and global leader to manage through what is likely to be a critically important decade for our country in determining our destiny.
Jamie Dimon is that leader.
Jamie is of exemplary and unimpeachable character. He is a no bullshit, straight-talking, charismatic leader with an enormous grasp of the world's issues and how to address them. He is a great communicator that makes everyone who hears his words feel respected and inspired. He has enormous energy, vigor, and drive.
He is a wonderful father, friend, husband, and son. In sum, he is the kind of person our country deserves as our next leader. And clearly he is thinking about running:
https://t.co/ucE7a6T2D5
I can't imagine a better time for him to do so.
@POTUS is extremely weak and in cognitive decline. 70% of Democrats don't want him to run. Biden's weakness sets up a large opening for a qualified outsider to run as a Democrat.
Jamie can beat Biden in the primary and @realDonaldTrump in the general election, but he needs to start now and build name recognition among the broad electorate. He will easily raise billions of dollars from Democrats and Republicans to fund his campaign, and he knows how to build support.
Each year, Jamie gets on a bus and travels around the country meeting with tellers, branch managers, and other employees to spread the culture and inspire the JPM team; great preparation for a presidential run. He will also be incredible on the debate stage.
And there is nothing more for him to achieve at JPM. He has already been crowned the world's best banker. JPM stock will go up even more when he becomes POTUS as he can do more for the bank and our economy as President than he can as Chairman and CEO of JPM. The bank will be in great shape since he has built a deep succession bench that is more than ready to step up.
There is only one better job for Jamie than CEO of JPM and that's POTUS.
Jamie just needs a push from people he respects and from the broader electorate. If you agree that he should be our next POTUS, give him a call, send him an email or go see him, and like and retweet this tweet.
This will be one of the most important elections in our country's history. Jamie is more likely to run if we build a groundswell of support for him. Let's do our civic duty and make it happen.
Our challenges as a nation are largely due to failures of leadership. America needs and deserves great leadership and we need it now.
Another insightful commentary by @SteveSosnick that everyone should read. Traders Need to Be Like Oysters. (For the record, our CIO @OptionsSolution is @oystermichael) $VIX https://t.co/ncJohJX8ZT
Which is the smart money? The NASDAQ composite ended 7% above its low of the day today, 18th best intra-day recovery in about 51 years, but #VIX options-based fear gauge is still in top 10% historically. #QQQ#NASDAQ#stocks#investing
@Kiplinger interviews @oystermichael of @OptionsSolution on the role the options market plays to stock investors, even if they don't trade options.
@sm_sears
Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020 https://t.co/rdQl5sTLVP via @Kiplinger
One of the biggest shifts in markets this year has been the explosion of options trading
And for the first time ever, daily options volume in 2021 will surpass stocks
Options ADV: $467 bn (notional)
Stocks ADV: $410 bn
My latest for @WSJmarkets:
https://t.co/b3xQVxpoHO
over the last decade, the $SPX has closed down between 1.25 and 1.75% 86 times...but of these, the $VIX has moved up more than 4 points just 5 times. Most notably, 4 of these events are this year: 1/4, 7/19, 9/20 and today.
GS: Put v call skew, already high, expanded further. 1 month 90% SPX put option costs 0.75% - nearly triple YTD median cost of 0.27%. At 156, VVIX vol-of-VIX index at a level seen on just 2 trading days outside of 2018 VIX Spike and height of last year's COVID volatility.
To work its magic, compounding needs constant velocity for a long period of time.
Great results are often just good results for an uncommonly long period of time.
@TheSpeculator0 Implied above realized is fertile ground for short index options. If you’re short calls then yes, but why when the Fed won’t let the market fall?