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That face pic still looks more like Yearwick than dork-boy.
So, on July 12th, a day before the assassination attempt, Austin Private Wealth reported a short position nominally equivalent to 12 million shares. It is huge: it represents approximately one-seventh of Trump’s ownership in the same company, or 16% of all available stock float not held by major insiders.
Is that a big deal? For my nonfinancial readers, here is a little introduction to puts. Austin Private Wealth's position is in put options. Puts are financial instruments whose holder receives a payment if the underlying stock falls below the agreed price (the strike price) by a certain date. In such a case, the put option holder receives the difference. The more the stock falls, the more the put holder gains.
The standard American contract size is 100 shares, so Austin Private Wealth held approximately 120,000 put options, exposing it to potential gain linked to 12,000,000 shares of $DJT.
A sudden demise of Truth Social’s central figure, Donald Trump, would make the DJT 0.00%↑ stock worthless, making Austin Private Wealth a beneficiary of a gigantic payoff. Depending on the strike price, it could be a couple hundred million dollars.
https://babylonbee.com/cleanArticle/insiders-confirm-that-trumps-speech-tonight-will-include-numerous-unpredictable-and-randomly-spaced-rapid-head-turns
Yep. I called it. HANLON'S FUCKING RAZOR
So much for all the efforts wasted here and elsewhere with grand conspiracy theories.
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Verifying and getting more info
WOUNDED: