Unusual Whales

Elon Musk terminates Twitter bid

Musk, who is the CEO of electric vehicle maker of Tesla, has previously stated he was threatening to walk away from the $44 billion deal to buy Twitter after raising concerns about the number of fake accounts on the platform. Musk has stopped in funding discussions that would see him

Elon Musk

Elon Gossip + $TSLA

Does Elon Musk gossip affect $TSLA? Let's take a look!

Shooting of ex Japanese Prime Minister Abe

The latest is that Abe was shot from behind by an attacker armed with a shotgun * the reports are that Abe appears to be in cardio-respiratory arrest * Abe is unconscious, unresponsive according to the latest reports Abe was giving a speech at a campaign event. Japan has an election on

Cryptocurrency

Pro-Crypto Pro Athletes Have Lost on their Crypto Wages

Back in the glory days of the crypto bull market, many celebrities and influencers jumped into the world of cryptocurrencies. This included some of the world's best athletes. First-of-their-kind deals were signed by pro athletes to have their salaries or endorsement deals paid in-part or fully in crypto.

GameStop announces 4:1 stock split

GameStop announced that its Board of Directors has approved and declared a four-for-one split of the Company’s Class A common stock in the form of a stock dividend. Company stockholders of record at the close of business on July 18, 2022 will receive a dividend of three additional shares

70% of millennials live paycheck to paycheck

According to PYMNTS and LendingClub collaboration surveyng 3070 consumers, it was found that millennials are the most likely to fall into the category of living paycheck to paycheck, but the greatest increase in consumers living paycheck to paycheck is among baby boomers and seniors,” with 54% of baby boomers and

Atlanta Fed shows -2% GDP

Full source shows the estimated tracking. See it here. [https://www.atlantafed.org/cqer/research/gdpnow] In short, The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -2.1 percent on July 1, down from -1.0 percent on June

Three Arrows Bankruptcy

Three Arrows, the once 10 billion crypto capital fund, has filed for chapter 15 bankruptcy. This protects their assets as a liqudation ongoes. Full Story from Bloomberg: https://www.bloomberg.com/news/articles/2022-07-01/crypto-hedge-fund-three-arrows-files-for-chapter-15-bankruptcy

Biden X offshore Oil

Biden admin has decided to prevent offshore oil drilling in the Pacific and Atlantic. Furthermore they are expanding some in Mexico and Southern Mexico  this comes with limitations and constraints. Read more from the WallstreetJournal below: > The Biden administration plans to block new offshore oil drilling in the Atlantic

EU passes MiCA to regulate crypto

"European Union policymakers have struck a deal on landmark legislation to regulate crypto assets and service providers throughout the bloc's 27 member nations. The policymakers, who represent the world’s third-largest economy, have been haggling for nearly two years over the Markets in Crypto Assets (MiCA) framework.

Coinbase selling data

Per the Intercept: Coinbase, the largest cryptocurrency exchange in the United States, is selling Immigrations and Customs Enforcement a suite of features used to track and identify cryptocurrency users, according to contract documents shared with The Intercept. In August 2021, Coinbase sold a single analytics software license to ICE for

Unusual Whales Sale for July 4th

Hey, Just a quick reminder of the ongoing sale! [https://unusualwhales.com/settings/billing] Prices are discounted until 11:59PM PST July 5th: * Buffet's Buffet: $327 / year ($384 MSRP, 15% off) * Super Buffet: $395 / year ($462 MSRP, 15% off) * Tri-annual (3 years): $1,137 ($1,500 MSRP, 15%

Crypto Hedge fund Three Arrows Capital liquidated

A British Virgin Islands court ordered the liquidation of Three Arrows Capital Ltd. after creditors sued the cryptocurrency hedge fund for failure to repay debts. Nichol Yeo, a partner at law firm Solitaire LLP, said Three Arrows Capital is considering its options and seeking legal advice in the British Virgin

California to receive inflation payments

Democratic California Gov. Gavin Newsom agreed on a $17 billion relief package. It includes a $9.5 billion in inflation relief funds. From it, an estimated 23 million Californians will receive between $200 and $1,050 early next year. Those with up to $75,000 in income, or $150,000

Bed, Bath, and Beyond with AC

A new report from Bank of America claims that the company has cut air conditioning in an effort to quickly lower expenses to make up for a slump in sales. Bed Bath & Beyond told CNN that any changes in store temperature guidelines did not come from corporate. "We&

SEC and crypto bitcoin

Securities and Exchange Commission Chairman Gary Gensler said Monday that bitcoin was the only cryptocurrency he was prepared to publicly label a commodity, rather than a security, in an interview with CNBC. “Many of these tokens…the investing public is hoping for a return just like when they invest in

Anonymous allegedly coming for Do Kwon

Hacktivist group Anonymous has pledged to “make sure” Terra co-founder Do Kwon is “brought to justice as soon as possible” in regards to the collapse of the Terra (LUNA [https://cointelegraph.com/terra-price-index]) and TerraUSD (UST) ecosystems in May. On Sunday, a video [https://www.youtube.com/watch?v=RB4rK9eB2oE]

Russia defaults on debt

Russia was poised to default on its foreign debt for the first time since 1918, pushed into delinquency not for lack of money but because of Western sanctions, per WSJ. Russia missed payments on two foreign-currency bonds as of late Sunday, according to holders of the bonds. The day marks

Celsius and GS

The Wall Street firm GS is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt. this is being reported after Celsius reportedly hired a firm to help with bankrupcy declaration. coindesk provided the original reporting: https://twitter.com/coindesk/

US Supreme Court handgun decision

The Supreme Court on Thursday struck down a New York gun law [https://www.supremecourt.gov/opinions/21pdf/20-843_7j80.pdf]enacted more than a century ago that places restrictions on carrying a concealed handgun outside the home. The ruling was only the court’s second major statement on the

Delta: A Primer

Delta is one of the most important option Greeks. It measures how much an option’s price will change for every $1 move in the underlying asset. If that definition makes your eyes glaze over, don’t worry — we’re going to break it down, show why delta matters, and

NOPE: A Primer

NOPE (Premium and Free) has come to unusual whales. With that, let’s break down the tool and talk about how to use it. But first, a classic question: What is NOPE? Check out NOPE here. NOPE is the Net Options Pricing Effect, which tracks the intraday net delta of

Gamma Explained: What It Is and Why It Matters

Gamma is the most important Greek, even though it's technically second order. Why is that? Let's talk about it. We've written about gamma before. We even have an article on gamma pinning, but let’s talk about why gamma, in my opinion, is the

Gamma Pinning Explained: Why Pin Risk Matters & How Market Makers Hedge

Gamma is a term a lot of people know about, but not many understand what it does. Let's talk about gamma pinning and start breaking down this second-order Greek. What Is Pin Risk? Pin risk emerges when you sell options that are at or near expiration. Imagine stock

Gamma Flip: A Primer

In options trading, a gamma flip marks the price level where market-maker hedging changes direction — a tipping point that can turn a calm market volatile. When dealer positioning shifts from positive to negative gamma, their hedging behavior flips from damping moves to amplifying them. This guide explains what a gamma