4 ms·
Somebody had a 45,650% gain in one overnight trade on $SPLK calls. Amazing luck. [1] Someone opened 127 calls for $22,000, and closed them today after the buy-
by grecy 3y ago
Somebody had a 45,650% gain in one overnight trade on $SPLK calls. Amazing luck. [1]
Someone opened 127 calls for $22,000, and closed them today after the buy-out announcement.
A cool way to turn $22,000 into $10,043,000
[1] https://www.reddit.com/r/wallstreetbets/comments/16oi9an/somebody_had_a_45650_gain_in_one_overnight_trade/ https://www.reddit.com/r/wallstreetbets/comments/16oi9an/som...
- bufferoverflow 3y ago99.99% that's insider trading.
- trallnag 3y agoWill there be consequences?
- orliesaurus 3y agoalways are
- grecy 3y agoI assume it will be a ~$100k fine?
- unmole 3y agoBuying short dated far out of the money options is a guaranteed way to get caught. If this actually was insider trading, there are probably a bunch of SEC officials suffering from high-five induced palm injuries.
- joshxyz 3y agoslap on the wrist