General Trading Chat

At least in the next two days, it may not be so much about where the global trends lead.. Budget might be the focus. Surprisingly, the premiums on the put side have not gone up significantly despite the fall but the call side have deteriorated.

Any suggestions on playing the budget besides an obvious long straddle ?
 
Tuesday: Trump State of the Union Address

Wednesday: US Fed policy on Interest rates

Thursday: Indian Budget

Friday: US Jobs data
 
TV says the PSU recap bonds have been notified. Whatever that means, it may be a good news for the PSU banks today. Yesterday they deceived. The PSU bank index was up more than 1%, and then crashed to close slightly red.

Meanwhile, Hangseng is in green after going down about 200 points, the other Asian markets have improved and Dow futures are in green.

I saw Trump speaking, his State of the Onion address. Any feedback on that ?
 

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