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svg7 | 10 months ago

While I have no doubt that insider trading happens quite regularly, I would not jump to that conclusion here. IIRC the previous day, big Wall street names were advocating for a pause in tariffs . So a lot of people placed bets accordingly. Also staking 2.5M is "small change" for true insiders.

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w10-1|10 months ago

> So a lot of people placed bets accordingly

But why not earlier in the day? Why this unique volume spike then? The one $2.5M is just a sample trade, part of a historic spike.

No one's jumping to conclusions, but it should trigger an investigation.

lucaspm98|10 months ago

Everyone is jumping to conclusions. The majority of comments on this thread are assuming this is at least someone with inside knowledge, and several are saying Trump or his administration are directly involved.

koolba|10 months ago

Has it even been confirmed that all the trades are the same entity? Or is it the usual momentum play?

az226|10 months ago

But these rumors were said and talked about several days. But no big options trade was made before the actual day of announcement. That’s why it’s telling.

eru|10 months ago

> Also staking 2.5M is "small change" for true insiders.

Why? A secretary or janitor or a intern could also be an insider. Or are they No True Scotsmen?

svg7|10 months ago

Yes, in theory, anyone can be an insider. But folks up in the chain are much more likely to be "insiders with information". I should have probably said "very rich insiders" instead of "true insiders."

DeathArrow|10 months ago

>Why? A secretary or janitor or a intern could also be an insider. Or are they No True Scotsmen?

I thought the article itself and comments here presume bad faith on behalf of the highest ranking officials.

TheAlchemist|10 months ago

2.5M on 0 day options is not small change at all, even for somewhat big players.

0 day - means it's a win big or loose 2.5M on a single day move.

sorokod|10 months ago

Could a test run by "very rich insiders". To gauge the system's reaction before the next one, possibly a deal with China.

DeathArrow|10 months ago

>Also staking 2.5M is "small change" for true insiders.

Well, if it was insider trading, Trump and his billionaire friends wouldn't invest just 2.5 million. That's a meager sum for the very wealthy.

Maybe they've even done insider trading but in ways that weren't so obvious.