Bill Hwang, Archegos Capital Management, is at the center of one of the greatest margin calls of all time. Nomura, Credit Suisse, Morgan Stanley & Goldman Sachs forced sales of more than $20 billion of stocks on Friday 3/26, including BIDU, GSX, FTCH, DISCA, VIPS, TME, SPOT, TCTZF, VIAC, IQ, BILI, CICHF, BACHF. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. This is for educational and entertainment purposes only. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
For the non initiated, does it mean it's a good opportunity to buy these stocks?
Options360
⋅
@thriftyRice40286, it could be a terrible idea or an awesome idea. lol. I'm just thinking about a possible call calendar spread. Don't do anything without your own research and remember your risk is yours.