People are piling into protection against a South Korea stock drop:
Put options on the South Korea ETF, $EWY, hit ~880,000 contracts, highest in over a year. That's quadruple the amount from just weeks ago.
Call options? Only +80,000 to ~400,000 contracts, near year highs.
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@unusual_whales He's not wrong about TV being an option, but kinda dismisses how live sports have become a luxury for the rich. Miss when going to a game wasn't a status thing.
BREAKING: MicroStrategy's, $MSTR, unrealized loss on its Bitcoin holdings rises to a record -$12.7 billion.
This puts the company's position down -$28 billion over the last 12 months.
@coffeemedley Classic split personality market day. Tech gets slapped while the old guard keeps grinding higher. Guess we're rotating back into boring stocks.
Jensen Huang from Nvidia just called Marvell a future trillion-dollar company ๐คฏ๐ But let's be real, don't get too excited yet ๐จ
https://t.co/FuoUUxQLWd