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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Apr 30, 2026 / Tyler Durden
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Pakistan Prime Minister Offers Last Ditch Olive Branch Plan, Hours Before Trump's 'Whole Civilization Will Die Tonight' Deadline
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Summary:
Trump: "A whole civilization will die tonight, never to be brought back again." Axios cites "glimmer" of progress on negotiations. Prime Minister Shehbaz Sharif introduces last minute olive branch extension plan, hoping that the US will avoid its decimation campaign.
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