On the afternoon of April 11, 2025, traders began placing large, targeted call option bets on Apple — almost all of them expiring within days.
The positioning was tight: strikes between $195 and $200, when Apple was trading between $194 and $198. By the end of the trading session, tens of
lol
It is a damned textbook thing to do this in corrupt regimes, if anyone is wondering. If you want to commit a crime, you want as many co-conspirators as possible, because it muddies the waters and makes it much harder to prosecute.
If eg. Peter Thiel made some funny trades, he can just say he did it in response to the tweet, which is technically arguably public information. And if it’s not, what will you do, prosecute all users of Truth Social?
Imagine the screeching.
The Apple thing happened after the policy changes that the above post was about though.