Look at this.
JUST BEFORE the announcement that Electronic Arts, $EA, was to go private, there was $EA 180 calls expiring literally next week on 10/03.
They were Early volume at around $0.37 per contract.
They sold for nearly $15.
They made 1.2 million from $30,000 in less than a few hours.
Someone always knows.
ICE plans to expand its use of electronic surveillance of immigrants from about 24,000 people currently fitted with GPS ankle monitors to about 183,000 people, according to a report from the Washington Post.
Clearly someone knew of the tax bill beforehand, and traded on it.
First Solar is down 9% after news of tax cuts to solar in Trump's new bill.
It's net premiums were the HIGHEST THEY EVER HAD BEEN OVER THE LAST SIXTY DAYS(!!!!!!!!!!!!!)
Highest amount of negative volume, with the top chains being OTM $170, $167.5, $165, $175 puts, selling the $190 calls expirying in FOUR DAYS!!!!
Clearly someone knew.
This is happening again and again on every bill or tariff where information is leaking out, and people are trading on it.
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