Article
Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire
Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire
A trader who made a large bet on a stocks rocketing in the coming weeks is up about $23 million in paper profit today, according to Bloomberg.
The unknown trader spent $12 million premium on 6800 lots of 6950 S&P 500 Index Options (SPX) calls for May 8 expiry, when the index was at 6556.21; the trade was executed around 10:20 a.m. Eastern on Tuesday, just hours before Trump's announcement of a 2-week ceasefire which sent...
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May 13, 2026 / Tyler Durden
Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In
Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In
With global refineries working overtime to convert oil into much needed product, Japan's refinery utilization rates also surged in May, as releases from petroleum reserves and increased supply of non-Middle East crude are easing the crude supply crunch seen in March and most of April, OilPrice reported.
For the first time since March, refiners in Japan have boosted their average utilization rate to above 70% in the past two weeks, data from the Petroleum Association of Japan (PAJ) showed on...
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Jul 31, 2026 / Tyler Durden
Wichita Man Sues City To Rip Out Its 200-Camera Flock Dragnet
Wichita Man Sues City To Rip Out Its 200-Camera Flock Dragnet
A Wichita machinist, Mason Grimmett, sued his own city this week, arguing that the roughly 200 Flock license-plate readers the police department has bolted around town amount to warrantless dragnet surveillance forbidden by the Kansas Constitution. The complaint, filed in Sedgwick County District Court by the Kansas Justice Institute, does not ask for money - rather, it asks a judge to declare the program unconstitutional and shut it down.
The cameras are made by Flock Safety, one of the largest...
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Aug 6, 2026 / Tyler Durden
Are You Ready For The "Rogue AI" Psy-Op?
Are You Ready For The "Rogue AI" Psy-Op?
Authored by Kit Knightly via Off-Guardian.org,
The AIs are breaking free, that’s the story.
It started two weeks ago, when OpenAI reported one of their “agents” had escaped its testing area and got loose on the internet to launch an “unprecedented cyber attack”.
This was clearly meant to be scarier than the public response indicated, because a few days later OpenAI CEO Sam Altman was on the Invest like the Best podcast, asking why it didn’t cause more panic:
“I’ve been a little surprised that more people don’t...
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