After running the numbers, I’m a little underwhelmed
$MSFT is currently at 524.25. Up to 530.62 is six dollars and thirty cents
Down to 515.12 is nine dollars and ten cents, about 1.7%
Going long pays 0.7 to 1; going short pays 1.4 to 1
Neither side gets to 2, so that’s the end of the calculation
Funding rate is zero, and neither side pays overnight fees. At least that’s decent
Retail longs are down to 42.09%, and big players are at 40.96%—they’re all piled on the short side
With positioning this lopsided, the price is still clinging to the 20-hour line, refusing to give way
The underlying market is closed for the weekend. Pricing won’t resume until Monday at 22:30, when the market opens on standard time
Calculations made in a vacuum don’t count
Sitting tight
(Not investment advice. You’re responsible for your own gains and losses.)
$MSFT is currently at 524.25. Up to 530.62 is six dollars and thirty cents
Down to 515.12 is nine dollars and ten cents, about 1.7%
Going long pays 0.7 to 1; going short pays 1.4 to 1
Neither side gets to 2, so that’s the end of the calculation
Funding rate is zero, and neither side pays overnight fees. At least that’s decent
Retail longs are down to 42.09%, and big players are at 40.96%—they’re all piled on the short side
With positioning this lopsided, the price is still clinging to the 20-hour line, refusing to give way
The underlying market is closed for the weekend. Pricing won’t resume until Monday at 22:30, when the market opens on standard time
Calculations made in a vacuum don’t count
Sitting tight
(Not investment advice. You’re responsible for your own gains and losses.)
