These are the poor souls that are carrying the most IOUs from the foundering American republic:

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These are the poor souls that are carrying the most IOUs from the foundering American republic:

Just some quick price reactions from three big earnings reports. First, the granddaddy of them all, Nvidia, is sinking somewhat based on their numbers (the conference call has not taken place as of this post). Nothing dramatic and suffice it to say the only WINNERS here are the options SELLERS. Bearish and Bullish buyers got hosed, most the move is (it seems) modest!

As we await Nvidia’s report, here are some questions and answers for you (and, no, I have nothing to do with these ridiculous titles they dream up):