FLEX- a type of bespoke options that let users, not exchanges, set contract terms - has existed since 1993, but only started to gain traction in recent years. @bernardgoyder & I on all their unique features, why vital to defined-outcome ETFs, synthetic short & revcon trades

RT @csreinicke: Absolutely huge news from @yiqinsh - Nasdaq is revamping rules for companies pursuing small ipos, including additional requ….

Turn old photos into videos and see friends and family come to life. Try Grok Imagine, free for a limited time.

RT @MrMojoRisinX: @JulianKlymochko Merger arb is generally a high sharpe strategy due to 90%+ deals closing, and it used to be the largest….

RT @nishantkumar07: Are podshops natural homes for merger arb traders? A number of them are rebooting their event-driven strategies outside….

Convert arb strategy is having a moment, with market forces aligning to create ideal conditions for trading the hybrid securities. High single-stock vol, stable credit, plus a boom of new deals-- a "perfect environment" per Man Group. W/@denitsa_tsekova .

Gift link:.

A popular user case is in buffer ETFs (a huge boom in its own), as FLEX allows issuers to pick custom strike prices, expiration dates that help build a specific strategy. Exchange-listed, OCC-cleared, also means more liquidity, less counterpart credit risk to OTC contracts.

RT @dliedtka: Michael Saylor has built a career on testing how far conviction can bend markets — part financier, part preacher. Now the Str….

RT @annmarie: Breaking news— Meat is back on the menu at Eleven Madison Park .

RT @nishantkumar07: Ex-Millennium Trader Ed Cooper to Manage Money for CPP, Partners Capital and in talks with a multistrategy hedge fund f….

RT @Matt_Turnerr: Hard to nail a call much better than @StockJabber did with $PTHL today

RT @geoffreymorgan: A story for Opendoor investors and goldendoodle owners.

Eclipsing the massive volume seen in $OPEN Monday…. with no apparent news.

Another day, another wild movement in a little-known penny stock. Today it’s Healthcare Triangle, a healthcare IT firm that more than doubled in price (to 5 cents 😂) with over 3 billion shares changed hands—that’s~ 15% of the total US stock market trading volume $HCTI

RT @dailychartbook: "The 10-day average of retail participation in non-profitable technology companies reached 23% — the highest level sinc….

$EDR $TKO More details emerged: Icahn purchased its shares between March 3 and March 21, “with deep conviction” the buyout was “unfair”. His firm proposed a class action lawsuit, in parallel to the price appraisal case many other hedge funds took .

And. It's a two-way flow: dealers buy into rallies and sell into reversals. The $OPEN call volume is losing steam today

Not all squeezes are equal! though folks often lump gamma & short crunch together. We looked into the prime examples in $OPEN & $KSS, both with exploded options trades. When stock prices rip higher, dealers who sold calls have to balance their hedges, adding fuel to the rally