Did the math on my fingers: $ONE ’s rate for this period is -0.08%, which works out to about 175.3% annualized.
In other words, shorts are handing longs a red envelope every time they settle 🧧 I don’t even send red envelopes to my friends this often.
The more crowded the positions, the more likely the market is to move in the opposite direction.
#ONE
In other words, shorts are handing longs a red envelope every time they settle 🧧 I don’t even send red envelopes to my friends this often.
The more crowded the positions, the more likely the market is to move in the opposite direction.
#ONE