26.0% chaos · simmering
money panic
1 sources
$6.5K YOLO on Deutsche Bank puts because nobody is watching the second domino
What happened
100 contracts DB $20P 7/17 at $0.65. Breakeven $19.35. Current price $28.61. Yes I need a 30% drop. Hear me out. Everyone is trading oil right now and I get it. But the real play might be what comes after the oil shock. Let me walk you through the chain. The Middle East is on fire. Not figuratively. Literally on fire. Ras Laffan, the world’s largest LNG complex, satellite images show the whole thing smoking. Hormuz is mined. Fujairah, the last bypass route, getting droned repeatedly. Saudi refin
Why people care
Reported by r/wallstreetbets.
Sources
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