matt's notes

Aug 23

again…yeah………lol. this article puts it perfect

Adam speculates on three possible causes of the “markets do X because of Y” headline phenomenon: laziness, conventional wisdom, and bias.

All true, though to be fair to the journalists we like to tease so much, the root cause of all this is probably just our humanity. Hume knew as much; social scientists even have a name for the cognitive bias. And it’s not like you can sell newspapers or drive traffic by going with headlines like, “Markets sell off hard for reasons that are epistemically opaque; in entirely noncausal but correlative news, oil rises dramatically.”

Aug 22

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Aug 20

wm september options

???

WM is at 4.11 now and was even lower mid-day yesterday almost in the 3 dollar range…. i want to keep track of these 3 each call/puts for september on wm … at $3

WM options to watch (sept expiration) - calls: WMIU.X WMIH.X WMIA.X / puts: WMUU.X WMUH.X WMUA.X $3, $4, and $5 respectively….. ? :)

….. I really hate Washington Mutual/stupid name wamu (makes me angry to type), etc… but this stock is relaly great for trading right now and has been for the past month imo?.