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Strategies & Market Trends : The Aristocrats (tm)
NNVC 1.330-1.5%9:41 AM EST

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To: sense who wrote (4413)2/2/2024 2:39:10 PM
From: sense  Read Replies (1) of 5619
 
WAL Feb 2 options... calls and puts both... down huge today... all down from 70 to 97%..

WAL, up a bit... and like all the other banks today... back to "risk off"... which with time value obliterated, means those running the options up yesterday... are paying for the excess in emotion today...

"Nothing to see here, move along"... as yesterdays insanity in rates... resolves in parallel...

No doubt "a tap on the shoulder" happened somewhere in there... and yesterday's headlines are not todays.

Shorts made a billion dollars in the banks yesterday... today... looking for a new trade.
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