...this is the largest 3-day-increase in long gamma on record...

...alleges the new law violates users' First Amendment rights.

Was to be a 'gift' to Vladimir Putin upon his inauguration to a 5th term...

Markets are their own happy story this morning as “Oooh! Rate cuts!” is again the meme du jour. But back in the real world it’s “Oh! Not rate cuts.”

"You must be the smart one..."

"I scratch my head - the audacity. The students seize one of the halls, commit acts of vandalism..." 

...not going so well.

“It always depends on the current situation, the balance of supply and demand,” Russian Deputy Prime Minister Alexander Novak said on Tuesday...

...the company doesn’t expect to see core Disney+ subscriber growth in the current quarter and profitability in streaming will suffer

...becomes $5.50B worth of VWAP demand favoring the best and largest market cap companies

"Firms have zeroed in on how to cut Peloton's operating expenses..." 

Choppy is here to stay for some longer...

...in a tightly controlled, micromanaged financial dystopia, precious metals will become the only way to make private or off-grid transactions, making them more valuable than ever...

Hedging overall market risk with VIX options is rather cheap (again). VVIX has basically not closed much lower over the past decade.

"In this environment of growth not rolling over as much as we feared and potentially cuts coming in, there is upside for earnings going forward"

The letter demanded data on drivers.... 

...why compare one fiat currency against another, when gold outperforms them all?

"The multifamily CRE CLO market was not prepared for rate volatility."