The price of Lumber is down 50% from its high in late August, now down on the year. $LUMBER pic.twitter.com/HHLWGkvplP
— Charlie Bilello (@charliebilello) October 7, 2020
Costum money flow which I use
Today it has just collapsed pic.twitter.com/m6sBdXavdw
— Alessio Urban (@AlessioUrban) October 7, 2020
SPX buybacks 🧐 pic.twitter.com/THhVibQphv
— Gianluca De Stefano (@Theimmigrant84) October 7, 2020
A $4.9m bear put spread was placed on $SPY today: someone bought 90K of 18 Dec'20 $285 puts and sold the same number of $280 puts. If $SPY lands below $280 by expiration, the trade will generate 825% return and turn $4.9m into $40.1m.
Is this a hedge or a bearish bet? U decide. pic.twitter.com/JTsLTfcWX1
— Yuriy Matso (@yuriymatso) October 7, 2020