This trader turned $2 million into $20 million. May 24 11:18...
This trader turned $2 million into $20 million.
May 24 11:18 - 11:24am, a trader loads $Equitrans Midstream(ETRN.US$ $8 Oct calls.
May 27, debt deal passes, with a surprise pipeline for $Equitrans Midstream(ETRN.US$ .
The contracts rallied +1000%.
Someone always knows, & it appears it was someone in Congress?
A thread:
May 24 11:18 - 11:24am, a trader loads $Equitrans Midstream(ETRN.US$ $8 Oct calls.
May 27, debt deal passes, with a surprise pipeline for $Equitrans Midstream(ETRN.US$ .
The contracts rallied +1000%.
Someone always knows, & it appears it was someone in Congress?
A thread:
$Equitrans Midstream(ETRN.US$ gets ZERO options volume.
It avgs ~$16k premium/day and he traded over +100,000 contracts that day alone, holding volume.
You can see the huge aberration in volume in the attached image. The trader grabbed every contract he could grab, and quickly, in a six minute period
It avgs ~$16k premium/day and he traded over +100,000 contracts that day alone, holding volume.
You can see the huge aberration in volume in the attached image. The trader grabbed every contract he could grab, and quickly, in a six minute period
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