Retail mob triggered options chain reaction that ended in losses, speculators hijack options market with social media frenzy

Boom turns bust as reckless call buying backfires. "Instead of using #options as part of a larger strategy to protect #portfolios from losses, individuals are mostly #speculating…with reckless buying organized on social media acted like a force-multiplier. Because options #market makers need to hedge call contracts, they buy… pic.twitter.com/7JKs4zB9sg — Lance Roberts (@LanceRoberts) July 18, …

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Congress Looks to Hijack Crypto to Pay for Deficit Spending

In this conversation, Joe and James discuss the implications of the Genius Act, which aims to regulate stablecoins and their potential impact on the banking system and national debt. James argues that while crypto can disrupt the inefficient banking system, the Genius Act may not solve all financial problems. They explore the future of stablecoins, …

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Squirrels hijack train. Causing cancelation.

Two squirrels who boarded a rush hour train to Gatwick forced operators to cancel the service. The squirrels jumped on the Great Western Railway (GWR) 8.54am train from Reading to Gatwick on Monday, forcing passengers to flee to other carriages. The passengers alerted staff, who tried to lure the squirrels off the train at Redhill …

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Hijack Attempt By Jumpseat Pilot Onboard Horizon | Diverts To Portland

Man in cockpit jump seat tried to shut down both engines on Horizon flight. Alaska Airlines flight diverts after off-duty pilot in cockpit tries to interfere with engines https://www.cnbc.com/2023/10/23/alaska-airlines-pilot-diverts-flight-after-security-threat-in-cockpit.html Joseph David Emerson, 44, arrested and charged with 83 counts of attempted murder, endangering an aircraft and reckless endangerment, case being handled by the FBI. An …

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