Financials are finally signaling what many ignored: private credit is not risk-free yield, it is leverage plus opacity until stress exposes the weak links. $XLF is down about 11% YTD, on pace for its worst Q1 since 2020, while pressure on names tied to private credit is forcing markets to reprice trust, liquidity, and underwriting discipline.

Source: https://finance.yahoo.com/news/financial-stocks-on-pace-for-worst-first-quarter-since-2020-as-private-credit-cracks-flash-yellow-warning-150941672.html

#XLF #Stocks #PrivateCredit #Macro

#Stocks #Finance

#XLF: Added (4) to short @ 41.90 now size (10)

#GME: Today's short calls (May10 $20) are likely to expire worthless for 100% gain but even if it doesn't by some rally I'll take the assignment.

#Stocks #Finance

#XLF: Have way OTM Puts still but just opened a size(4) short in the common @ 40.30

#Stocks #Finance

#XLF: Wedgenomics This wedge has absolutely played as they normally do. My guess is it isn't AI AI AI. I have a lot of OTM Puts on XLF and added more today May 10 39P @ .24

#Stocks #Finance

#XLF: The other rising wedge I have puts on. This one is working as expected for such a feature. Marking a top and pooping out.