Silicon Valley
>>8866108
that's good news. The economy is not fucked because of this, inexperienced, perhaps greedy, options traders are individually fucked.
This is NOTABLE.
It explains pretty well what happened today with the oil futures price.
Key is this:
"What is happening today is trades or speculators who had bought the contract are finding themselves unable to resell it, and have no storage booked to get delivered the crude in Cushing, OK, where the delivery is specified in the contract.
This means that all the storage in Cushing is booked, and there is no price they can pay to store it, or they are totally inexperienced in this game and are caught holding a contract they did not understand the full physical aspect of as the time clock expires."
Keep schools closed. If we're talking K-12. Government schools suck, they're just babysitters. Give everyone an A. On to next year.
Or, just make them voluntary.
Open concerts up again. But don't force people to go to them. Make them voluntary. Same with NFL. Voluntary, not mandatory.
If schools were permanently closed, that would save a lot of money.