50.000 options just bought predicting the Fed does NOT raise rates

I think those are a bit "detached" in that their direction is not directly tied to the decision the fed is making.

I guess what I mean is, there are better indicators.

Isn't it possible one position was bought, the other sold,
executed independently as opposed to executing as a vertical
spread? If I were a betting person, and I am, I would bet that is what was done. Because it mitigates the risk. It does cap the possible gain but it's a far safer trade.

And one side of that structure funds a portion of the other,
and possibly all of of the other.

Bullcrap!
Who is going to write those options??...and on what underlying equity???


Link or............

TLT

I looked it up.
I'd bet it was structured as a spread.

But what do I know.

Somebody's going to jail.

I like that word "equivilate". I'm going to start using it.

Again.........

BULLLLLLLLLLLLLLLLLLLLLLLSH*T


Someone has to write those options...and there has to be a related equity they were written on AND a VERY large, very liquid, equity base for 50,000 options.
Show us where in the markets this happened.
SEC rules require all trades like this to be disclosed...so don't even try to say you can't find a link proving what you say.

Seriously.....LINK.....or .....



Last Edited by Useless Cookie Eater on 09/17/2015 04:29 PM

This trader wrote the calls sold, a MM has to write to calls purchased. That's their job. The 121 call was bought, the 124 call was sold. He/she did not execute as a veritcal yet the trades went off four seconds apart. He/she paid .66 cents for the spread. It was at .89 when I checked it a few min ago. They paid 3.3mil, it's worth is 4.45 mil here if my math is correct. Here is the screenshot of the two trades. I'm a bit rusty on spreads right this moment. Look it over and tell me what you think. I'm not here to argue, just trying to apply a bit of logic.

[link to i.imgur.com]

That looks purely like a scalp trade (a very large one...but a scalp).....nothing to do with the Fed raising rates.
What is the equity?....or is that a Philly index equity?

You can find these kinds of scalp trades all the time....especially by the large banks.
Again...nothing to do with Fed rates....just someone playing a trigger or trend setup...probably naked too.
Good thing it worked out as he/she intended.

Thanks for posting that.

Last Edited by Useless Cookie Eater on 09/17/2015 05:11 PM

I think it was a very good trade. And the margin requirement was negated considerably as it is in reality a vertical spread. And, you stated what I was going to say which is if you look in the right places, these types of trades take place everyday.

Cheers

Actually...upon looking again at it again...it may still be active.
Not sure if those strike prices were hit today on either end.
All depends on what index/stock that is and where it closed.
If you know what the equity was....I'd like to take a look at it.




Last Edited by Useless Cookie Eater on 09/17/2015 05:38 PM

This trade is now being discussed on CNBC lol.
I don't typically watch as it's noise. But I turned it on just before the fed announcement.

What was the underlying equity/index?

It was an ETF. Ticker TLT
I'm certain you're familiar with it.
Shows up on Time & Sales and also as the largest trade of the day. Weeee trader should took a small piece of this one. But I'm trading vol for the past few weeks.
Weeeeeee

Ahhhhh TLT....excellent...thanks....yeah so it does have relation to the Fed.
IMHO....looks like someone just playing of market turbulence with the Fed then.

It's arguable that those positions point to a Fed move.
He could have other reverse positions elsewhere.
Interesting play though.
I'll take a deeper look at it later this evening.
Worth trying to see the intent of that trade.

Much thanks again!

....and don't be this guy! lol




Last Edited by Useless Cookie Eater on 09/17/2015 06:08 PM

Could never be that guy. I never have, and hopefully never will, wear a tie. Dress for success, I've left instructions to be buried in a Guy Harvey T-Shirt. I know God likes fishing. He's blessed me immensely.

Cheers


Cheers

Obvious insider trading. SEC will do nothing.

wholey SHHHHHiia ..... trade was in deed done.. confirmed on CNBC yoday.... making $6MM in one day and still has it on!!!!
how do we play this????

I continue to receive Alert communication about oct. 7th...
how do we make monet with this???? please help
=====org, Msg------
It's amazing how fast time has flown by.
October 7 is now only 18 days away.
In just about two and one-half weeks, eight of the most powerful cycles in the economic universe will converge for the first time since 1929:
The current era in which governments could amass obscene, unpayable debts with impunity will end. The new era in which mankind pays the price for those debts will begin.
It was a week in which many top experts seemed to endorse my warnings.
The Bank of International Settlements warned of a massive debt crisis ahead, saying that any increase in interest rates in Europe, Japan or the United States could trigger a global debt maelstrom.
Just as I warned, class envy is reaching a fever pitch, driven by a growing gap between rich and poor. One of the eight major cycles that is converging on October 7 — the Kuznets Cycle — predicts that this gap will continue to widen. And this week, Pope Francis, Donald Trump and Bernie Sanders repeated their demands for a new war on wealth.
Standard & Poor's slashed Japan's credit rating, saying that the government's attempts to deal with its massive 1.1 quadrillion yen debt are failing miserably.
The U.S. Federal Reserve once again refused to raise interest rates, leaving many to wonder if the rising cost of servicing this nation's $18 trillion debt has the Fed spooked.

Still out of the money.
He made nothing on his strangle....yet

It's headed in the right direction though based on today's close...and plenty of time to go.

hey Cookie..... I've done some research! one way is to buy PUTs on the TBT what do you think?????