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$70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

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331–340 of 480 posts

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#331
post #55

Earlier quoted context omitted.

Alas, the military answers to the president. Article II Section 2 of the U.S. Constitution, "the President shall be Commander in Chief of the Army and Navy of the United States, and of the Militia of the several States, when called into the actual Service of the United States." Not that the constitution matters ...

The military repeatedly drills into trainees that they serve to defend and uphold the constitution , not the presidential orders. There are all kinds of lessons on when to disobey direct orders, when to speak up, how to speak up, what your protections are, etc. etc.

Yes, but have you been paying attention to all the senior military leaders that have been fired in the past several weeks?

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#332

Earlier quoted context omitted.

They’re literally fighting for their lives. Nobody wants elections in wartime, not least because polling stations become targets. You need to lay off the MAGA talking points.

The conscripted might disagree and desire a leader who will pursue a peaceful solution, this conclusion is supported by the high number of deserters.

Public opinion shows there’s nobody more supportive than the continued military defense of Ukraine than the Ukrainians. Even the conscripted would prefer more modern weapons to permanently ceding Ukrainian territory to Russia.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#333
post #153

Earlier quoted context omitted.

You mean like Ukraine?

> Asked whether he’d trade his office for peace, Zelensky told a journalist, “I can trade it for NATO.” https://thehill.com/policy/international/5159951-ukraine-pre... Zelensky is not seizing power. Elections suspended during active, home-turf wartime is normal.

Especially when Russia is currently occupying huge swaths of territory that would make holding elections there impossible.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#334
post #239

Earlier quoted context omitted.

I agree. I would argue that Pax Americana has been pretty great for even the USA's supposed "arch enemies." My gut feeling is that everyone loved that stability, whether friend or foe, and the fact that it's now gone will mess everyone up. I am biased here, but I look forward to the next century of Pax Europa. This is the only way forward.

If you really think the US is going to just, what, retire all that military equipment you haven’t been paying attention.

Disclaimer: As it turns out, predicting the future is somewhat difficult.

However, in isolationist MAGA, the US military is just a jobs program. This is plain facts, is it not?

The other major power of the USA, post-WWII, was "soft power." That has now been cancelled. So, I am really not sure what is happening.

I once thought that "may you live in interesting times" was a blessing. I now believe that this saying is a curse.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#336
post #330
post #298

This is my surprised face. Elect a felon, you get felonies.

You mean “official actions”.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.

He has made Judges dependent on his Will alone, for the tenure of their offices, and the amount and payment of their salaries.

He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance.

For cutting off our Trade with all parts of the world:

For imposing Taxes on us without our Consent:

For depriving us in many cases, of the benefits of Trial by Jury.

For transporting us beyond Seas to be tried for pretended offences.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#337
post #314

Earlier quoted context omitted.

I believe some of the action around 1PM was auction related, but the options activity still looks strange. Why would someone hedge with 0DTE options as opposed to normal options? I’m no longer in that space, but I’d assume the OOTM strikes are less liquid than normal options, with higher theta as well. That looks like a very expensive hedge. What kind of position would be hedged with these options that couldn’t be he…

One of the reasons hedging with ODTE has become common for event based situations is because they are cheaper than those with expiration's later than the event date

Cheaper in what sense?

I’d assume the theta would be higher for 0dte? With normal options you could just roll out of them the next day. I guess you would be crossing 2 bid ask spreads, but is that more expensive than the theta decay?

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#338

> We don’t know who placed the trades. We don’t know what they knew. Actually, “we”, collectively, do know, because the SEC maintains an “XKEYSCORE for equities” called CAT. If there was interest, the government could know exactly who placed these trades. But the call (options) are coming from inside the house.

Are you suggesting that the SEC won’t investigate this obvious insider trading because it came from someone in his inner circle? Big if true.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#339

Earlier quoted context omitted.

[flagged]

I agree, at this point. There is of course voter agency in 2 years. Of course lots of voters (specifically the ones that voted for this) are pretty happy with the way things are going. So any kind of blowback is uncertain at best. If the population were genuinely interested in removing Trump, they could elect 60 democrats to the senate and a house majority, then impeach. But again, a healthy chunk are happy, and a lo…

You assume there will be free and fair elections in the future. I’m not convinced we can depend on that.
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