The Kobeissi Letter
The Kobeissi Letter|Apr 16, 2025 20:21
This is interesting: At 2:45 PM ET, the White House announced a Press Briefing at 4:30 PM ET with a "Special Guest." 21 minutes later, at 3:06 PM ET, there was a 10 million spike in puts on the S&P 500 ETF, SPY. A similar trend was seen in QQQ options prior to Nvidia's announcement of H20 chip restrictions yesterday. A trend worth watching.
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