Trade Alert: Betting *On* A Bank This Time
Trade Alert: Betting *On* A Bank This Time
A no-win scenario for shorts?
The late Kirstie Alley as the Vulcan Lieutenant Saavik, in command during the Kobayashi Maru test in Star Trek II: The Wrath of Khan (1982).
The Kobayashi Maru Test
Star Trek II: The Wrath of Khan (1982) opens with this iconic scene. If you’re unfamiliar with it, and want to avoid spoilers, watch it before reading below.
Okay, now that everyone who wanted to has seen it, we can get to the salient point for this trade alert, which is that “Kobayashi Maru” has come to refer to a no-win scenario in popular culture.
The no-win scenario here is for those who have bet against one particular distressed bank, because this bank now has access to a bit of financial engineering that can turn the tables on them.
So after betting against three banks earlier this week, I bet on one today. Details below. This one is speculative, but seems worth a flyer here. If we’re right, our upside could be significant.
Keep reading with a 7-day free trial
Subscribe to The Portfolio Armor Substack to keep reading this post and get 7 days of free access to the full post archives.