Propose your question or request
Citadel owns an ungodly number of HYG (corporate bond etf) puts which are near the money, expiring June 18. What is the correlation between GME/AMC/BB to HYG over the next two weeks and what was the correlation leading up to these next to weeks?
EDIT TO ADD: SPY, MSFT, AMZN, APPL
Describe alternatives you've considered
I am not of any ability to do this myself, but I am inspired to begin learning. I have a very long way to go.
Additional context
Corporate Bond Rates are expected to plummet as a result of either high inflation or deflation, valid arguments have been made for either however both arguments show the same outcome. Corporate Bond Rates are expected to plummet, beginning with anything rated B or below. How will this relate?
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Propose your question or request Citadel owns an ungodly number of HYG (corporate bond etf) puts which are near the money, expiring June 18. What is the correlation between GME/AMC/BB to HYG over the next two weeks and what was the correlation leading up to these next to weeks?
EDIT TO ADD: SPY, MSFT, AMZN, APPL
Describe alternatives you've considered I am not of any ability to do this myself, but I am inspired to begin learning. I have a very long way to go. Additional context Corporate Bond Rates are expected to plummet as a result of either high inflation or deflation, valid arguments have been made for either however both arguments show the same outcome. Corporate Bond Rates are expected to plummet, beginning with anything rated B or below. How will this relate?
https://www.reddit.com/r/Superstonk/comments/ns7k6q/could_gamestops_liftoff_unravel_corporate_junk/