The 10x Trade Hiding in Louisiana
Trump has spent four years hunting one Republican senator: Bill Cassidy. Now Cassidy is trading at just 2 cents to survive his own Louisiana primary.
But the real opportunity may not be taking a position against Cassidy. It may be on whether Trump-backed Julia Letlow wins outright Saturday night and avoids a runoff entirely.
Stu breaks down the Cassidy revenge saga, the market mispricing hiding inside Louisiana’s weird election system, a cross-platform arb opportunity between Polymarket and Kalshi, listener questions on strategy and risk, and one long-shot weekend fight market Stu kinda likes.
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