Jack Dorsey’s Block leaps 7 %, index funds forced to buy-perfect premium fodder.
Ahoy there, Trader! ⚓️
Have you ever…
…watched a stock snag a blue-chip badge, spark a forced-buying frenzy, and still thought, “Cool story, I’ll just collect theta”?
My Nostril-Flare Face-Palm Flashback
In 2020 I tried front-running Tesla’s index entry, bought calls the night before, the market faded by noon, IV imploded, and my premium dissolved faster than promises at a fintech conference. Lesson, sell the excitement, don’t worship it.
Most Trade SPX Blind. You’ll Trade It Like You Designed It.
Pulse bars flip the lights on. You see it. Trade it. Bank it.
Why this round could pay even fatter
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Index trackers must mop up shares before Wednesday, liquidity shock means inflated IV.
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Block still down 14 % YTD while S&P is +7 %, bargain chatter collides with panic buying.
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Fintech hype bleeds into mega-cap tech, SPX 1-week IV already ticking higher.
Metric | Last week | Now | Move |
---|---|---|---|
Block share price | $67.50 | $72.20 | +7 % [1] |
Index-fund demand | — | 54.2 m shares [1] | fresh buy pressure |
Market cap | $41.9 b | $44.8 b [1] | +7 % |
YTD Block vs. SPX | –14 % vs +7 % | unchanged | spread widens |
Snag the “Rebalance Ruckus Spread” blueprint—PDF, live demo, or mentorship seat, your call.
The “Rebalance Ruckus Spread”
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Sell a deep-OTM 10-delta SPX strangle, index-inclusion noise juices IV.
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Buy 15-20-wide wings or cheap 60-day VIX calls for tail cover.
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Exit when profit tops 50-65 % ROC, I’ll gladly ride to 80 % if IV crushes after the buy-in.
Collect ‘dat theta!
Results You Can Expect
During Tesla’s 2020 inclusion, the same chassis banked 8.2 % on buying power in eight sessions while SPX drifted ±0.4 %
Tesla shares fall 6% as it enters the S&P 500 with 1.69% weighting – Source – CNCB.com
SPX Rose Through Nov 2020 by 13.45%
Stop cheering every fintech headline, start milking the volatility spillover-Book, Live video, Mentorship, pick your lane.
⚠️ Disclaimer, Jack-Dorsey Edition
If Jack decides to rebrand Block again at halftime, don’t @ me. This is infotainment and education, not fiduciary love letters. Trade small, keep helmets handy.
Some of this is entirely made-up satire. Probably!
Breaking scoops courtesy of the Financial Nuts Newswire-because who needs sanity?
Sources
[1] Reuters – “Block rises on S&P 500 inclusion, signaling fintech’s growing clout”
Happy trading,
Phil
Less Brain, More Gain
…and may your trades be smoother than a cashmere codpiece
p.s. There are 3 ways I can help you…
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