Wednesday, February 02, 2022 00:49:58 UTC
With government expenditure and borrowing continuing to rise, the latest Treasury Department data shows the United States national debt has reached $30 trillion.
The new record is for the entire outstanding debt of the federal government, which includes $23.487 trillion in public debt and an additional $6.525 trillion in intra-government debt, such as federal trust funds and other account.
A $5 trillion borrowing spree for pandemic relief was well underway before the coronavirus spurred an increase in Congress' spending at a regular pace.(More)
#spx #irs #treasurydepartment #debt #spending #pandemic #federal #trust #funds #covid
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A massive options trade may be the culprit for the S&P dump just before market close Thursday afternoon.
The trade at 11:00 a.m. was a huge collar options trade involving the sale of around 44,000 June calls and the purchase of an equal number of June put spreads, which would pay out if the S&P 500 fell more than 5% from its current level.
The trade also included the sale of around 24,800 calls tied to the S&P 500's 4,300 level, which were due to expire at the end of Thursday's trading session as a strategy to protect against any severe market moves during the trading day.
A collar is a type of options hedging strategy that combines puts and calls.(More)
WHAT HAPPENED LAST NIGHT?
N/A
A massive options trade may be the culprit for the S&P dump just before market close Thursday afternoon.
The trade at 11:00 a.m. was a huge collar options trade involving the sale of around 44,000 June calls and the purchase of an equal number of June put spreads, which would pay out if the S&P 500 fell more than 5% from its current level.
The trade also included the sale of around 24,800 calls tied to the S&P 500's 4,300 level, which were due to expire at the end of Thursday's trading session as a strategy to protect against any severe market moves during the trading day.
A collar is a type of options hedging strategy that combines puts and calls.
#spx #dow #aapl #spy #irs #treasurydepartment #debt #spending #pandemic #federal #trust #fu