33_Matters
Nov 6, 4:36 AM
$NFLX It's insane, there is
$1.78 TRILLION in margin accounts and this figure does not capture the full leverage in the market. It doesn't tell me how much additional risk exists in short-dated options (0DTE which should be completely banned forever in my opinion), leveraged call positions, uncovered options, options spreads and dealer hedging exposure. The blood-bath was prone to happen. I exited NFLX at
$73 for a decent profit over 2 months ago. But man, these traders - big and small - on margin are crazy. They all deserved their margin calls.
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