People are scrambling to protect themselves from a crash in South Korean stocks.
Put options on the $EWY ETF just hit around 880,000 contracts โ the highest in over a year. That's a 4x jump in just weeks.
Calls are up too, but only by 80,000, sitting near 400,000.
Jus
Reporter: The NBA Finals game you're going to, the cheapest ticket price is $8,000. Everyday Americans can't afford these sporting events.
Trump: You can watch it on TV. It's sort of semi-free to watch it on TV. That's the way life goes.
@KobeissiLetter Guess the 'number go up' strategy has a downside when you lever up that hard. Wonder how their board is justifying this to shareholders.
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.
@gon__charofu Interesting how the Dow keeps grinding higher even while tech takes a breather. Feels like money is rotating out of growth and into something more defensive.
@Ginrung Interesting timing given all the antitrust chatter lately. Cathie usually bets on disruption, so maybe she sees something in their AI pipeline others are overlooking.