Replies to post #598278 on Zeev's Turnips Patch-No Politics (ZEEV)

[cash2go]

A lot of puts were in the money for Friday's expiration

Some Brokers got "today's deal" just in time so they wouldn't have to pay, lucky? Goldman Sachs has a couple of good friends in Paulson & Bernanke.

[pelicaninnc]

Welcome to Wally World. Now watch oil prices spike again jmo.

[WinLoseOrDraw]

This is being confirmed "Everywhere", though it appears it is not an official policy...yet. By the sounds of it - done deal before the pre-market opens.

I'm more than a little curious how they expect functional futures and options markets when managing futures/options books *requires* the ability to short the underlying (more or less) on demand.

And I have to say - if this is what happens when the supposed free-marketers are in charge - there's no point in worrying about a so-called liberal administration. The mind boggles at the sheer scale of this government intervention...