SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials
AMAT 301.11+6.9%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BWAC who wrote (52403)9/18/2001 8:11:42 AM
From: Sampat Saraf   of 70976
 
BWAC,

"On the day before the Sept. 11 attack, for example, 1,535 contracts changed hands on options that let investors profit if AMR stock falls below $30
per share before Oct. 20. That was almost five times the total number of those options traded before that day, according to Bloomberg data. "

"Similarly, October $30 put options for UAL soared, with 2,000 contracts traded on Sept. 6, three trading days before the attack compared with a
total of 27 contracts before that day. "

For AMR: Volume on 9/10 Greater Than Volume on 9/9
For UAL: Volume on 9/6 Greater Than Volume on 9/10

How can these contradictory facts point to a financial conspiracy, IMHO?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext