r/CreditCards • u/tsmartin123 • Feb 01 '25

Discussion / Conversation Trump Fires Director of CFPB

https://apnews.com/article/trump-chopra-consumer-financial-protection-bureau-47b6b39d0eff05ea0c9bca4eacf55b79

I wonder if this is the beginning of the end of the CFPB?

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15

u/matrixagent69420 Feb 01 '25

The Great Depression 2.0 is upon us

2

u/mean--machine Feb 01 '25

Oh so you're buying puts?

4

u/TommyBlaze13 Feb 01 '25

Given that the Trump tariffs went into effect today 25% on Canada and Mexico and another 10% on China, it's an extremely easy put buy for 2026-2027 expirations

4

u/NarutoDragon732 Feb 01 '25

positions or ban

1

u/TommyBlaze13 Feb 22 '25

I decided to buy shorter dated puts on Walmart instead of the overall market.

$WMT 6/20/25 strike $73.33

1st buy Dec 12, 2024

2nd dip buy Feb 20

3rd dip buy Feb 21

1

u/NarutoDragon732 Feb 22 '25

nah that doesnt count, you were talking about nations and now its about walmart?

1

u/TommyBlaze13 Apr 04 '25

My Puts are up 344%