Japanese, French and Omani Vessels Cross Strait of Hormuz
Three Omani-operated tankers, a French-owned container ship and a Japanese-owned gas carrier have crossed the Strait of Hormuz since Thursday, shipping data showed, reflecting Iran's policy to allow passage for vessels it deems friendly. Iran initially shut the Strait - a route for about a fifth of global oil and…
It’s the same grift all over again. The market will drop 2-3% Monday. Jared and Jr will load up on options, WTI puts, and whatever other BS they do.
Then Tuesday we’ll announce that “good talks have happened” and bridge day is delayed. Maybe they’ll roll out the Shah’s nephew or whatever and pave the way for an announcement of a transitional government.
They’ll push the strikes until late in the week or early next week to maximize volatility - next Friday is the April options expiry. It likely the Treasury is intervening in the oil markets, so there’s likely a counter-trade there as well.
I’ve 3x’d my salary on this trade as an observer, the insiders are printing cash. Eventually the credibility of the office of the POTUS will erode to a point where it is going to blow up, we probably have another 3-5 rounds of this.
vrganj