Insider Trading

Discussion in 'Trading' started by vztrdr, Jul 2, 2025 at 11:26 AM.

  1. vztrdr

    vztrdr

    I wonder who the smart cookie was that bought 10,000 July Centene (CNC) $47.50 puts out of the blue on June 2nd for $0.57 with the underlying at $55 and an ATR synonymous with watching paint dry and no earnings reports on the calendar until 7/25?

    $13 now. Nothing like turning $57K into $13,000,000.
    Probably just a lucky trade. :rolleyes:
     
  2. newwurldmn

    newwurldmn

    if it is insider trading, they can spend 1MM of those gains and get a presidential pardon.
     
  3. nitrene

    nitrene

    Probably the same people betting against this industry for a while. Remember the r/WSB guy who made millions buying puts against UNH? Seems like you can't go wrong shorting these POS companies. Who knew an assassin named Luigi would trigger such an epic collapse?
     
  4. vztrdr

    vztrdr

    Good point, but I think the big guy will at least want 30% on that one. You have to incorporate time-frames on grift. One month(!).... uh-uh... "I want some juice." $3.9MM or no pardon.
     
  5. maxinger

    maxinger

    ave volume 6m/day


    1 Jul 2025 volume 10m/day <<< someone already knew about the big news
    and the price went up by $2

    2 Jul 2025 volume 90m/day <<< someone already knew about the big news
    and the price gapped down massively
     
  6. vztrdr

    vztrdr

    And June 2nd, 2025... "<<< someone already knew about the big news"
    That's why they bought 10,000 July 47.50 put contracts for like $0.57
     
  7. newwurldmn

    newwurldmn

    he might. I’m sure there’s some negotiation involved. Art of the deal and all.
     
  8. ktm

    ktm

    Sounds like a Pelosi trade. At least these trades are legal now.