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$70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

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Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#311

Post by dashundchen »

paulgb wrote: post #56
jwilber wrote: post #54

Earlier quoted context omitted.

Maybe it's a friend of Trump. Maybe it's a friend of Pelosi. Might even be a member of Congress! "Rules for thee not for me."

Is congress actually apprised of the tariff developments, or do they learn about them from twitter like the rest of us?

The horrid congresswoman Marjorie Taylor Greene happened to disclose many trades that were clearly front running the tarrif announcements. There is definitely an insiders club communicating these things in advance.

https://www.cbsnews.com/news/marjorie-taylor-greene-stocks-t...

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#312

Post by sorcerer-mar »

Ray20 wrote: post #279
multjoy wrote: post #158

Earlier quoted context omitted.

They’re literally fighting for their lives. Nobody wants elections in wartime, not least because polling stations become targets. You need to lay off the MAGA talking points.

>Nobody wants elections in wartime THE GOVERNMENT doesn't want elections in wartime. Most people want. >not least because polling stations become targets. I think this is pure gaslighting. If we are talking about Ukraine, Putin is one of the main supporters of holding elections there. And almost certainly not because he wants to bomb some polling stations, but because he is confident that people will vote for a candi…

Ah yes and Putin is sooo above bombing locations that are likely to vote more heavily Zelensky.

Totally outrageous concern.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#313

Post by [deleted] »

thatcat wrote: post #264
multjoy wrote: post #158

Earlier quoted context omitted.

They’re literally fighting for their lives. Nobody wants elections in wartime, not least because polling stations become targets. You need to lay off the MAGA talking points.

The conscripted might disagree and desire a leader who will pursue a peaceful solution, this conclusion is supported by the high number of deserters.

[deleted]

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#314

Post by oa335 »

Fade_Dance wrote: post #262

I was reading this event, and unless I'm missing something, all of these reports and theories don't mention the blindingly obvious fact that should be dominating - 1pm was the 10 year bone auction. Due to many factors (mostly around the crash that was in full swing, and a bond market that was illiquid and melting down), this was a key moment around which a huge amount of position management happened. I'm not at all s…

I believe some of the action around 1PM was auction related, but the options activity still looks strange.

Why would someone hedge with 0DTE options as opposed to normal options?

I’m no longer in that space, but I’d assume the OOTM strikes are less liquid than normal options, with higher theta as well. That looks like a very expensive hedge.

What kind of position would be hedged with these options that couldn’t be hedged with normal options?

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#315

Post by dboreham »

nramanand wrote: post #13

A relevant aside: surely insider trading is happening all the time? There are so many daily market-shifting events involving so many privy parties that it seems inevitable to happen every few minutes (not defending the actions in the article). How many physicians have been able to get rich from learning a CEO will be out of commission? In that case, I'm not even sure whether it would be considered insider trading. Ho…

You seem to have discovered the crime of insider trading and conveniently ignored the fact that it's a crime.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#316

Post by sorcerer-mar »

thatcat wrote: post #264
multjoy wrote: post #158

Earlier quoted context omitted.

They’re literally fighting for their lives. Nobody wants elections in wartime, not least because polling stations become targets. You need to lay off the MAGA talking points.

The conscripted might disagree and desire a leader who will pursue a peaceful solution, this conclusion is supported by the high number of deserters.

Very possible, but you should provide data. The data we have suggests that Zelensky's approval is extremely high among the public and the consensus not to violate the constitution to hold elections during wartime is unanimous within the government.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#317

Post by latexr »

notdarkyet wrote: post #289
Fade_Dance wrote: post #262

I was reading this event, and unless I'm missing something, all of these reports and theories don't mention the blindingly obvious fact that should be dominating - 1pm was the 10 year bone auction. Due to many factors (mostly around the crash that was in full swing, and a bond market that was illiquid and melting down), this was a key moment around which a huge amount of position management happened. I'm not at all s…

This is the most reasonable comment here on the topic. Everything else so far is either blatantly political and/or misunderstands market dynamics. Unfortunately half the comments I read on here are becoming increasingly more reddit-esque. Users posting emotionally charged comments and speaking with an authoritative voice on topics they have little experience or knowledge in an accordingly Hacker News has become more…

> Unfortunately half the comments I read on here are becoming increasingly more reddit-esque.

From the guidelines¹:

> Please don't post comments saying that HN is turning into Reddit. It's a² semi³-noob⁴ illusion⁵, as⁶ old⁷ as⁸ the⁹ hills¹⁰.

¹ https://news.ycombinator.com/newsguidelines.html

² https://news.ycombinator.com/item?id=1524184

³ https://news.ycombinator.com/item?id=926703

⁴ https://news.ycombinator.com/item?id=582513

⁵ https://news.ycombinator.com/item?id=582513

⁶ https://news.ycombinator.com/item?id=289254

⁷ https://news.ycombinator.com/item?id=253657

⁸ https://news.ycombinator.com/item?id=66057

⁹ https://news.ycombinator.com/item?id=60767

¹⁰ https://news.ycombinator.com/item?id=13852

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#318

Post by dboreham »

uptownfunk wrote: post #4

I mean in theory couldn’t anyone close to the news source transmit it somehow via an anonymous communication channel to someone else so they can make the trade. Even if there is an investigation they have to find the proof to make a conviction right?

That's how prosecution of insider trading crime is done.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#319

Post by dboreham »

w_TF wrote: post #148

you don't even need insider information to make this trade (although he still might have tipped people off personally) he literally told everyone to do it https://truthsocial.com/@realDonaldTrump/posts/1143082727259... and you might have felt especially confident if you recalled him doing the exact same thing in 2018

I made a trade (very small one) even though I had no clue about his post at the time. My trade was done on the basis that he was clearly either going to reverse or be removed (and then JD would reverse).

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#320

Post by notdarkyet »

oa335 wrote: post #314
Fade_Dance wrote: post #262

I was reading this event, and unless I'm missing something, all of these reports and theories don't mention the blindingly obvious fact that should be dominating - 1pm was the 10 year bone auction. Due to many factors (mostly around the crash that was in full swing, and a bond market that was illiquid and melting down), this was a key moment around which a huge amount of position management happened. I'm not at all s…

I believe some of the action around 1PM was auction related, but the options activity still looks strange. Why would someone hedge with 0DTE options as opposed to normal options? I’m no longer in that space, but I’d assume the OOTM strikes are less liquid than normal options, with higher theta as well. That looks like a very expensive hedge. What kind of position would be hedged with these options that couldn’t be he…

One of the reasons hedging with ODTE has become common for event based situations is because they are cheaper than those with expiration's later than the event date
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