Well, unfortunately the pricing goes in $0.05 increments on this one... so you either bid $0.10, or you buy at $0.15. You can try a market order and maybe get lucky and get in between. That rarely works on a stock like this however. By unanimous decree of the readers... we're penciling you in at $0.15. Good luck.
Stoney was that you playing around with April’s gains? $50 million bet. “ HOME STOCK NEWS BOND TRADER PLACES LARGEST-EVER BET ON FED RATE CUTS IN 2024 AHEAD OF MARCH INFLATION REPORT Bond Trader Places Largest-Ever Bet On Fed Rate Cuts In 2024 Ahead Of March Inflation Report Benzinga Apr. 9, 2024, 05:11 PM A bond trader has just placed a record-breaking single bet by going long on December 2024 short-term interest rate futures. This strategy will pay off if the Federal Reserve cuts interest rates at least three times by the end of the year, a scenario that is not yet fully priced into the market following recent robust economic data and higher-than-expected inflation figures. The Secured Overnight Financing Rate (SOFR) futures — the tool used to assess market wagers on Fed interest rates — suggest that traders are anticipating a total of 68 basis points in rate cuts by the end of the year. What Happened: A significant transaction involving 75,000 December 2024 SOFR futures contracts through a block trade occurred shortly after 9 a.m. New York time on Tuesday, according to Bloomberg. The CME Group verified this as the most substantial transaction for this product ever recorded, the report said. Block trades are substantial, privately negotiated transactions conducted at a single price. The block trade for the December 2024 SOFR futures was executed at 95.320.” https://markets.businessinsider.com...24-ahead-of-march-inflation-report-1033234892
3 rate cuts is still the base case (staring in June) But what if there's a .50 in there? Everyone is assuming all 1/4 cuts and that is the norm. But to get any yield curves in line a dramatic first cut is always best...