$SPDR S&P 500 ETF (SPY.US)$ honestly, spy resembles COVID ti...
$SPDR S&P 500 ETF (SPY.US)$ honestly, spy resembles COVID times.
when the entire Asia was panicking, locking up ppl, quarantining everybody, blasting news about any case in Singapore, I have checked us markets to see if it's real... and... no change... zero reaction. Concluded this was just a media panic. People with money and access should know better right?
There is something called JPM collar, an absurd value option set up, that holds markets no matter what. That seemed to be the reason for 'no reaction', back then.
When it expired...
-30%
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Crimson 777 : That's what iv been telling ppl for months now. Let me guess, their collar will end up expiring in September and we will dip, like we have every single September repeats again in October then markets start moving up from there.
ma gon OP : I think it expires this friday
Crimson 777 ma gon OP : My understanding is they expire at the end of each quarter June 30th, then September 30th etc. Very interesting point you bring up tho, ill deff look more into it!
Power Throat : the current one expires in 12 days