That, as they say, is that. Earlier today, I shut down my September $220 puts on IWM with a 7% loss. I’d say the analog is wrecked at this point, and I’m not going anywhere near this thing for the foreseeable future.

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That, as they say, is that. Earlier today, I shut down my September $220 puts on IWM with a 7% loss. I’d say the analog is wrecked at this point, and I’m not going anywhere near this thing for the foreseeable future.

It seems to me that ARKK is ready to roll over here.

Is this put/call ratio debased enough for you?

May I direct your attention toward the chart of Robinhood Markets (HOOD), which is sporting a shooting star candlestick after a massive and nearly uninterrupted run-up.

My prediction last year of a Musk/Trump hate-fest seems to have come true yet again. In spite of a brief detente, the two of them are at each other’s throats again, with the Pre-zi-dent musing about deporting the world’s richest man out loud to reporters. Musk’s one public company, Tesla (TSLA), is feeling the heat from its conditions within our banana republic.
