changegonnacome

Think this might be it -Warren was never one to kick the US/Global economy when its down..................and well if you've nothing nice to say, best to say nothing at all (or as little as possible in the AGM case)

Just sold Bank of New York Mellon shareholding to the tune of $30m

Thanks timing & pricing sitting where I was thinking also Q2 has to be melt down for this group - mid-August earnings release/call with corresponding Sept 2020 120 puts could be good bet

Neat idea and hardly(to my knowledge) a crowded institutional idea either. How do look at structuring this in a cost effective manner? I gave it a quick glance and put it on the "take a look at" reminder list for later. But briefly, couldn't you construct a cheaper expression with an outright short and some calls to hedge? Or is this a "big expected downside so go really far out of the money" situation? I just buy long out of the money puts. Very interesting - what dates you buying on the puts?

Axis Capital Holdings with strong cluster of inside buys