$TSLA now worth $748,300 per car sold in 2019.
$AMZN has doubled in 17 wks.
One is the most shorted equity in the market.
The other is responsible for the most short positions on other companies that compete with it.
FAANG Options Expiration Gamma Pin Game
This Fri (not next) has largest gamma expiry today:
$FB: 240 (next Fri is largest)
I believe this is why market isn't selling. It's pinned. On these names.
And unpinned can equal unwind $QQQ
There is a lot of gamma concentration in the FAANG names that expire today, and we may see a "pin" type day with 4/5 names having large gamma near at the money.
More here: https://t.co/KiRuUDOLGH
$AAPL $FB $AMZN $GOOGL $NFLX
We already know Trump didn't like school anyway, but this is really threatening Universities/Colleges and their towns/businesses including CRE that are dependent on them.
Trump says he ordered the Treasury Department to review the tax-exempt status of colleges and universities. Adds will be revoked if they continue to "Act Against Public Policy," likely meaning maintain legal challenges to his orders. https://t.co/zVU2Bh9jNM via @bpolitics