/biz/ - Business & Finance

>>55687763
I don't have a short position this week - it doesn't ever make sense to take a short position for a week with earnings + Fed etc, due to the expected volatility and hedging that has already been done
Everybody hedges for the event by buying excessive puts, even if the event is terrible, the put walls and dynamics of unwinding of hedging where those cashing in their puts causes MM to be able to buy shares back in their delta hedging - there is just too much liquidity on the table with the ability to stabilize prices if they move too far in one direction
That anon was too early - too many hedges / virtually impossible to break 4500 with that many hedges in place
>Oil is all you got?
Lol. Funny that you should mention it. No, oil is not the "only thing I got" demonstrating the rebound inflation
>pic related
"Oil is all you got???"
How do you not understand that oil, gasoline are the most important out of every commodity for inflation? Transportation costs affect every aspect of the economy
Sugar, cocoa, grains also soaring - which are also in nearly every food product
We have also heard from a ton of corporate earnings that they expect their costs to increase sharply, that there is more inflation coming
https://www.marketwatch.com/story/chipotle-stock-drops-8-after-q2-earnings-as-company-says-inflation-hit-popular-menu-items-4af526d7
>For the third quarter, “we do think there’s going to be a bump up in food cost,” attributable to that same kind of low-grade inflation that the company expects to continue into the current quarter but without the offset from cheaper avocados and the al pastor item, he said.