WEDNESDAY 23rd

UK-FRANCE DEAL
-Last night the government announced the deal agreed with France to reopen the border and allow freight to travel through

-The deal is based on mass testing of lorry drivers, 150-200 military personnel are being deployed to give lateral flow tests to hauliers in Kent
-Lorry drivers get their results in 20-30 minutes, they’ll then get a text message, allowing them proceed to France
-It appears Macron backed down on a demand to make the lorry drivers have more accurate PCR tests, which take 24 hours to give a result
-A government official says the PM was “full of praise” for how Transport Secretary Grant Shapps handled the crisis 💕
-It is expected to take days to clear the backlog and hauliers are still being asked not to come to port
-Rail, air and sea services will resume on Wednesday morning, all those travelling from the UK to France will need to show a negative test taken within the previous 72 hours
ABOUT THOSE LATERAL FLOW TESTS
-“The government shelved plans to open rapid-turnaround test centres across England amid concerns about the accuracy of their results”
-“Directors of public health had concerns about the potential false reassurance to those testing negative.” 😬
TIER 4
-More areas could be in Tier 4 from the 26th as cases rise, Ministers will meet today to discuss further possible measures after the UK recorded its highest daily increase in coronavirus cases
-Sources warn there is 'high chance' of full national lockdown in New Year
-"I’m told public health chiefs were pushing for a national Tier 4 across England from Boxing Day, unclear yet whether politicians have agreed to it."
-Health ministers could announce the changes today after review was brought forward from December 30
NAUGHTY NICOLA
-Nicola Sturgeon has apologized after the Sun got hold of pics of her chatting to pensioners in a pub without a face mask
-“This was a stupid mistake and I’m really sorry” She says, after she broke laws requiring pub customers to wear masks unless seated at a table
BREXIT
-A UK source said an agreement on a UK/EU trade deal is again possible today, EU sources stressed that they do not have much room for manoeuvre on fisheries
-"UK source now says agreement on a UK/EU trade deal is again possible tomorrow" - ITV's Peston *yawn*
USA
-US President Trump warned he will not sign the stimulus package until Congress amends it
-He called the bill a disgrace and full of wasteful and unnecessary items, He demanded that stimulus checks are increased to $2,000 from $600
-House Speaker Nancy Pelosi responded to Trump saying she welcomed his call for $2,000 checks for most Americans. "Democrats are ready to bring this to the Floor this week by unanimous consent. Let’s do it!”
Who would have thought
Housing Sec Jenrick on the morning broadcast round
-Hope there is no link between Brexit and border issues
-Hope to see trucks crossing today to Calais
-Will take a few days to work through backlog of trucks
-New variant is spreading fast
-No plan to change Christmas rules

More from Government

Labour Grandees are listed in Sir Keir Starmer's colleague Jeffrey Epstein's ''Little Black Book''; Blair, Mandelson and Alastair Campbell. COINCIDENTLY, Keir Starmer and some of the same people have connections to ANOTHER of the worlds most prolific peadophiles. #StarmerOut


Starmer failed to bring charges against Jimmy Savile for paedophilia. The decision was made despite the Crown Prosecution Service receiving substantial evidence of his crimes from witnesses and victims several years before Savile died in 2011. #StarmerOut
https://t.co/PNyX5uSAkw


With a past like hers, Margaret Hodge might show a bit more humility.
In the Eighties Hodge was aware of previous child sex abuse in the care homes for which she was responsible, and did nothing about it. #LabourLeaks #StarmerOut

As leader of Islington Council, a post she held from 1982-92, Margaret Hodge was aware of previous, horrendous child sex abuse in the care homes for which she was responsible, and did nothing about it. #LabourLeaks #StarmerOut #CSA

She was guilty of rather more than a casual failure of oversight. In an open letter to the BBC after it investigated a range of monstrous abuse (child prostitution, torture, alleged murders), Hodge libelled one of its victims as “seriously disturbed”. #LabourLeaks #StarmerOut

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.