⚈ Big and sudden options trading betting on the S&P 500 raised doubts due to its timing before a special comment to dig the market from the Secretary of Treasury Scott Bessent to the public.
⚈, Trade included call options with 5800 of the strike price on May 16, and saw an increase in size to 11,718 contracts at about 10:35 am on April 22, shortly after Bessent’s special notes.
⚈ After publishing Bloomberg, the S&P 500 jumped by 2.52 %, according to what was reported on the two million dollars within 30 minutes, which paid speculation about possible internal information.
The recent economic and trade developments brought almost unprecedented fluctuations to the stock market. The movements that erase or add more than one trillion dollars are not a rare scene these days – and the last suspicious options trade has succeeded in one of these steps.
In order to be more accurate, one of the adventurous traders has put a great bet that the S&P 500 would lead to a significant transition to the upward trend within weeks, despite the generally expected expectations of analysts and technical signals indicating correction. Trade included call options at a 5800 -strike price and expiration date on May 16.
Although it cannot be considered that all the size came from one source, the number of contracts that are traded in the date of the strike and the expiration date at about 10:35 am on April 22 to 11,718 of the irreparable levels.
Are these suspicious options trade with information from the inside?
So, why were these suspicious trade options? Let’s put in mind the declining context in general in which it happened, above all.
Moreover, the bet came shortly after the US Treasury Secretary Scott Payette made a statement at a special conference of JPMorgan calling for the current trade war between the United States and China is not sustainable.
This specified trade was put after BESSENT provided the news that moves the market-but before the comments She leaked to Bloomberg It caused a gathering throughout the market, for each trading trading trading Unusual whalesThose who shared the results in April 22 x post.
After the minister’s comments became public, the S& P 500 index rose to 5,287 from the end of the previous day of 5157, ranging almost 2.52 %.
At the time of suspicious options, these calls were 11 % of money-for each Unusual whalesThe adventurous trader behind the bet achieved about $ 2 million in just 30 minutes after Bloomberg a leak.
Distinctive image via Shutterstock
