BILLIONS IN PUT OPTIONS PURCHASED BETTING THAT THE MARKET WILL come down BY 9-21
Posted By: RayelansMailbag <Send E-Mail>Date: Friday. 24 August 2007. 6:34 p m. You can see why banks are running scared.. they experience the bottom can fall out at any moment. I'd suggest keeping minimal deposits in banks and holding on to cash. ANOTHER HUGE SALE OF OPTION CONTRACTS go out: Fri. 24 Aug 2007 19:43:25 GMT Good Morning Everyone. OTHER THAN THE EXPECTED FINANCIAL ANNOUNCEMENTS. ANYBODY HAVE A CLUE AS TO WHAT THESE 'INVESTORS' ARE EXPECTING? ************************************************** ************** THEY DID IT AGAIN. ANOTHER HUGE SALE OF OPTION CONTRACTS ON $4.5 BILLION WORTH OF STOCKS BETTING THE merchandise ordain LOSE 30%-50% OF ITS VALUE IN FOUR WEEKS! THIS SALE ON THE SPY. X AND THE ONE FROM YESTERDAY ON THE SPY. Y (MENTIONED TWO STORIES BELOW) ARE BEING REFERRED-TO BY FOLKS IN THE merchandise AS "BIN LADEN TRADES" BECAUSE ONLY AN ACT OF TERRORISM AKIN TO 9-11 (WITHIN THE NEXT FOUR WEEKS) COULD MAKE THESE OPTIONS VALUABLE. There are 65,000 contracts @ $750.00 for the SPX 700 calls for open interest. That controls 6.5 million shares at $750 = $4.5 Billion. Not a single trade. But quite a bit of $$ on a contract that is 700 points away from current value. No one would buy that deep "in the money" calls. No reason to. So if they were sold looks like someone betting on massive dislocation. Lots of very strange option activity that I haven't seen before.
The entity or individual offering these sales can only make money if the market drops 30%-50% within the next four weeks. If the market does not displace the entity or individual involved stands to suffer over $1 billion just for engaging in these contracts!
Clearly someone knows something big is going to come about BEFORE the options expire on Sept. 21. THEORIES: The following theories are being discussed widely within the stock and options markets today regarding the enormous and very unusual activity reported above and two stories below. Those theories are: 1) A massive terrorist attack is going to act place before Sept. 21 to tank the markets. OR; 2) China reeling over losing $10 Billion in bad loans to the sub-prime owe collapse presently taking place is going to dump US currency and store all of Capitalism with a Communist financial revolution. Either scenario is bad and the measure is ticking. The drop-dead go out of these contracts is September 21. Whatever is going to come about MUST take place between now and then or the folks involved in these contracts ordain lose over $1 billion for having engaged in this activity. ------------- "$1.78 Billion Bet that Stock Markets will come down by third week in September Anonymous have Trader Sells 10K Contracts on EVERY S&P/Y "touch" Shorts Stocks "in the money" effectively selling all his SPY holdings for cash up front without pressuring the market downward This is an enormous and dangerous have option activity. If it goes alter the guy makes about $2 Billion. If he's wrong his out of pocket costs for buying these options ordain exceed $700 Million!!! The entity who sold these contracts can only alter money if the have market totally crashes by the third week in September. feature in mind that the last measure anyone conducted such large and unusual stock option trades (like this one) was in the weeks before the attacks of September 11. approve then they bought huge numbers of PUTS on airline stocks in the same airlines whose planes were involved in the September 11 attacks. Despite knowing who made these trades the Securities and transfer equip NEVER revealed who made the unusual trades and no one was ever publicly identified as being responsible for the trades which made upwards of $50 million when the attacks happened. The fact that this latest activity by a hit entity gambles on a complete change of the entire market by the third week in September seems to tell someone knows something really huge is in the works and they intend to profit almost $2 Billion within the next four weeks from whatever happens! This is really worrisome." more here: cerebrate to
__________________"Patriotism means being loyal to your country all the measure and to its government when it deserves it."-- attach Twain "Inter arma silent Musae"--when the weapons communicate the muses go silent. Economic Left/Right: -3.88 Authoritarian/Libertarian: -4.36
On the other transfer the guys taking the other side of the bet made billions.* Suggests a possible motive for the original 'story,' it does.*come up whatever amount corresponds to such put positions actually taken.
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