The new ATC anthem
Music trouble, then the new ATC anthem plays for the first time on the show.
On the mic
Speakers on this episode were matched by voiceprint and context and are not yet confirmed.
Summary
ATC on podcast apps
ATC is now on Apple Podcasts, Spotify, Amazon Music and iHeartRadio, with about 242 past episodes being uploaded. Milo says he bought another NFT project.
Election odds and gridlock
Polymarket and Kalshi on the election, and Ryan on why the market likes gridlock.
NatNat's victory lap
NatNat on the result being priced in, China flow into Alibaba and KWEB calls, Apple's China miss, BlackBerry and November seasonality.
Oil levels
NatNat: weekly closes above 100 would be bullish, and losing 88 into the 80s and below puts the 66 area in view.
SpaceX and Tesla
A Grokbot pricing joke, then talk of a possible SpaceX and Tesla merger and how the committees at each company would weigh it.
Tokenized stocks
Morgan Stanley and the DTCC on tokenized stocks, AMC and Virgin Galactic dilution banter, and questions about weekend liquidity and governance.
Perps as an earnings hedge
NatNat on using perps to hedge around earnings, and Ryan's story of a 20x perps hedge that got stopped out while his main position held up.
ATC Prop School teaser
A first look at ATC Prop School practice evals, plus the ATC newsletter and podcast links before the anthem outro.
MicDrops
Notable calls and takes
On-air discussion from the show, not advice.
“historically, November it's positive. … I can be wrong, I'm open to being wrong there, right? … But if history were to repeat itself, If we are to see the same behavioral patterns going into the last three months of the year, I expect more green.”
“For me, if we start to see weekly closes above 100, again that would be a bullish scenario. If you start to lose 88 and slip into 80s and below, then I'm looking at the tag of that 66 area.”
“You know, perps can also be a great hedging mechanism around earnings, especially if you are long, multiple assets and unsure about how to position yourself for earnings, you can just take the opposite side of that trade on perps or on props.”
Ask your AI about this show: Use ATC in Claude or ChatGPT
Show discussion, not financial advice.