“The cost of Oracle's credit default swaps at at their highest level since 2007 right at the start of the JF seven. So really what the market is saying is we have no confidence in Oracle. And we're nervous about the sustainability of this AI data center story more generally.”
No settled horizons yet — outcomes appear at 30/90/365 days.
Risk: max drawdown 6.1%
· volatility 63.8% ann.
· Sharpe-proxy -2.27