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Tuesday, October 03, 2006
Remember the put options on airlines in 2001?
Remember the put options placed on United and American Airlines shortly before the 9/11 attacks five years ago, betting that their stock prices would plummet?
Simbaud at The King of Zembla notes similar activitiy going on for the Diamonds Dow Trust, S&P Depository Receipts, the NASDAQ, and Market Vectors Gold Miners.
I don't know what it all means, perhaps someone in finance who reads this blog can enlighten us. But given Karl Rove's promise of an October Surprise, one has to wonder.
Simbaud at The King of Zembla notes similar activitiy going on for the Diamonds Dow Trust, S&P Depository Receipts, the NASDAQ, and Market Vectors Gold Miners.
I don't know what it all means, perhaps someone in finance who reads this blog can enlighten us. But given Karl Rove's promise of an October Surprise, one has to wonder.
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