Five & Dime
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FEEDI’m still keeping things light and mellow. I have just five short
positions, by way of September in-the-money put options. These positions
are as follows:
2022-06-24
Credit Spreads Crushed
The catalyst for this spike was a decline in consumer inflation expectations according to the University of Michigan's consumer sentiment survey. Dropped to 3.1 percent versus 3.3 percent expected. My Eurodollar calls were down in the AM and popped on this news. If this keeps up, the rally can gain steam.
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