Someone loaded $655k worth of 1dte puts that were 2% OTM not 15 minutes before the headlines that dumped the rally broke on the wires. You can't make up this unbelievable level of insider trading.
IRANIAN MEDIA SAYS THERE WAS NO DIRECT OR INDIRECT CONTACT WITH TRUMP AND CLAIMS HE WITHDREW AFTER THREATENING TO ATTACK WEST ASIA ENERGY FACILITIES.#OOTT
BREAKING: Oil prices officially drop back below $70/barrel, now up just +3.5% on the day.
Oil markets have now erased nearly 70% of their opening move higher.
This is NOT World War 3. Ignore the noise.
OPEC+ AGREED IN PRINCIPLE TO INCREASE OIL PRODUCTION NEXT MONTH, DELEGATES SAID, AS A CONFLICT SPARKED BY US-ISRAELI STRIKES ON IRAN THREATENED TO BOLSTER A RALLY IN CRUDE PRICES.
If Iran is toppled quickly: gold, oil, shipping all limit down next week
If Iran causes extensive damage and is still in the fight on Sunday night futures open: Buckle up, Dorothy
@gemoscatelli This is insane logic lol #RVO has left the chat. Do yourself a favor and go look at a SBO chart in 2023 when 23-25 RVO was released. We could easily have another 10 cents on SBO #trendisyourfriend