Cramer having a bad year….apologized and cried about being wrong on Meta and now SVB.Fox or Fox Business busted Cramer big time. It might have been Tucker Carlson’s show on 3/10. Cramer was promoting Silicon Valley Bank to his sheep a month ago. It failed on Friday. It is estimated that 85% of their deposits weren’t FDIC insured. The second largest U.S. bank failure EVER.
Sold some 3/17 BX $87 PUTS.
BX: $85.45 (down 6.6%)
What website are you looking at? I'm looking at brokered CDs at Vanguard.