Wow ..... The premiums on the QQQ August 05 options are expensive, a QQQ strangle will cost $242.00, last Friday a QQQ July 29 strangle was about $78.00. This is obviously because of the debt limit deadline.
Breaking News: House passes GOP bill to raise the debt ceiling Now those premiums should crash on Monday. The QQQ August 05 strangle should be about $78.00 on Monday, Tuesday for sure.
Breaking News: "House of Representatives" to be renamed into "House of Clowns" >>The measure passed on a 218-210 vote on Friday night. The GOP plan was certain to be dead on arrival in the Democratic-run Senate, which was moving to take up its own, Democratic-authored plan this weekend.
(Reuters) - The Democratic-controlled Senate on Friday defeated a bill to raise the debt limit by a vote of 59 to 41 that had passed the Republican-controlled House of Representatives earlier in the day. that was quick! the process has begun to speed up. there is still time to bounce a couple of bills between the House and the Senate. the dumbasses will make sure nothing is finished until Monday evening.