My recent set of 1.50P 03/24/23 got burned thanks to the Swiss National Bank. Is CS bottoming out or is this the start of a very slow stagnating decline until they “restructure”. Especially with the SEC investigation, and its exposure to Archageos and Adani.
It seems almost paradoxical to go long on a company that requires tax payer injections but short-term puts seem risky to.
What are your opinions?
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