Well, this is not a hypothetical question.
Take a look at the huge volume of OTM calls expiring in just one day:
The news broke at 11:39. Look at those calls at 11:40 (yes, the markets react to news fast those days):
That's right, almost 3,000% gain on 1,500 contracts. That's a cool ONE MILLION dollar gain in just 20 minutes.
Does anyone believe it was a coincidence?
And the question I'm asking: WHERE IS THE SEC?
If you want to learn more about options strategies:
There are no comments to display.
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account. It's easy and free!
Register a new account
Sign in
Already have an account? Sign in here.
Sign In Now