That's literally incorrect.

You clearly don't know how companies who specialize in buying debt for pennies on the dollar to go after the owner of the debt actually work do you? It's literally an entire industry.

You know what doesn't have any downside? Owning a company that buys promissory notes and debts of the customers of failed/bailed out banks (i.e., FRC) for literally pennies on the dollar.

Then those companies who now own the debt the customer originally had with FRC (which will no longer exist in its current form), go after that customer for 100% of the debt owned, plus any interest and penalties that may be there. And if they don't/can't pay, wreck them in collections and/or bankruptcy/discharge and STILL recover more in repayment than the pennies it cost them to buy your debt from FRC when it was liquidated.

Congratulations on being literally regarded. You have stock worth $0 and high interest debt you can't get rid of.

Here is the only thing you need to know: When 1 or 2 banks fail and contagion could drastically affect the broader markets, the entire fucking world stops hating each other for as along as it takes to bailout and fix the problem for the time being.

When a crypto exchange collapses, or Big Benis Dollar Pegging decouples, and wipes out trillions of dollars in a nanosecond, governments put the 2-10 people responsible in prison for eternity and say fuck all to the “money” that was lost.

Crypto will destroy itself, it doesn’t need the government’s help.

This is a gambling sub Reddit. No one here is going to trade 1 MES contract to make only $500 on a 100 point move in the ES. You’re fucking regarded.

Edit: Good, your dumb ass got banned.

If you would read my comment you would understand that trading the micros is absolutely pointless because the per tick move is $1.25. It’s not worth the trading fees to make next to nothing on price movement.

The point is that somebody who cannot afford to fund a $25,000 account to avoid daytrading rules cannot afford to fund a marked to market daily $15,000 futures account.

The E-mini contracts (/ES) requires a $14,575.00 maintenance requirement per contract.

The Micro E-mini Contracts (/MES) requires a $1,457.50 maintenance requirement per contract.

Trading 1 MES contract is pointless as it's 1/10 of an E-mini /ES contract. A 100 point move in the ES would only make you $500 as the qty. x Tick for the /MES is only $1.25.

The margin requirement to trade 1 ES contract is about $15,000 with daily mark to market basis calculations.

The options market is closed. There are no bids. There are no asks. Exchanges freeze the final b/a at close or set it to way outside the spread default numbers. It’s literally meaningless. Nothing can happen. Nothing happened. The value and b/a will be what is supposed to be at market open tomorrow.

The dumb shit regarded question you’re asking is the same as somebody asking why no fans are in attendance today at arrowhead stadium for the Kansas City Chiefs. Because there’s no fucking game right now dumb ass.

What are you talking about? The last is $0.11. You’ll find out what they’re worth tomorrow after the first prints of the day as the market opens. The b/a of options after market close is literally meaningless.

Start with the articles in Playboy and see if that works out before jumping right in to real books with no practice.

Kids are back in school now that Covid lockdowns are done, this can only mean user engagement is increasing exponentially due to swapping nude selfies. That’s what SNAP is right? Yep.

Cool. Now do Tesla compared to other car companies.