@Abzu any thoughts on the latest data? How do you see the market going?

Seems everything has switched bullish again the past few days.

Seems like everyone thinks 50bp cut is coming… seems very unlikely. Fed doesn’t like moving quickly or doing anything outsized. I think they do 25bp and say they’ll do more possibly next meeting. I put my money where my mouth is with 9/20 $100p bought today for $48. I think news drop puts next Friday close around $99 or hopefully closer to $98.5

Rily looked like it was testing a squeeze today hitting $6.70 and staying above $6. Every week this happens decimates a bunch of puts that were expensive AF. cheap calls and a few shares seems like the play to me. I hope some people with calls took assignment and lower available shares to short. I have a little hope for my calls even though there is probably no reason for it if they don’t release some good news.