Tag: Options
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Pierre Andurand was sure oil prices would soar in 2023. He placed massive bets. Now, one of his funds faces an existential crisis. From a report out this morning in Bloomberg: Oil trader Pierre Andurand’s losses deepened this month, with his hedge fund slumping to its worst-ever phase of decline.…
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Hedge funds were burned big time trying to short shares of AMC Entertainment Holdings, Inc., with losses of approximately $4 billion after the stock did this: But like moths to the flame, they can’t seem to shake the temptation to bet against AMC and the Reddit retail hordes. Reuters reports…
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Investors are piling into call options on Palantir Technologies, Inc. this week, expecting the stock to head upward: “Palantir saw above-average call activity [Monday], about 90,000 contracts more than it trades on average, and the most action was seen in the 24-, 25- and 26-strike calls that expire this coming…
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+ Business+ Call Options, Day trading, Investing, Options, Palantir, PLTR, Reddit, Software, Stocks, Tech, Wallstreetbets+
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