Follow us on...
Follow us on Twitter Follow us on Facebook Watch us on YouTube
Register
Page 1 of 2 12 LastLast
Results 1 to 15 of 30
  1. #1
    Atomic Punk
    Join Date
    01.29.02
    Age
    49
    Location
    somewhere over the rainbow
    Posts
    22,946
    Last Online

    12.07.17 @ 12:54 PM
    Likes
    842
    Liked 1,229 Times in 448 Posts

    Someone is betting billions on a catastrophe that the markets will crash and burn

    Someone is betting billions on a catastrophe that the markets will crash and burn before 9/21/07

    Here's something that is snowballing through the internet today getting a lot of people spooked. Since they now find the Fed's are going to their undergrounder bunker retreat for a weekend pow wow.

    ================================================== =

    Anybody have a clue as to what these 'investors' are expecting?

    The two sales are being referred to by market traders as "bin Laden trades" because only an event on the scale of 9-11 could make these short-sell options valuable.

    There are 65,000 contracts @ $750.00 for the SPX 700 calls for open interest. That controls 6.5 million shares at $750 = $4.5 Billion. Not a single trade. But quite a bit of $$ on a contract that is 700 points away from current value. No one would buy that deep "in the money" calls. No reason to. So if they were sold looks like someone betting on massive dislocation. Lots of very strange option activity that I haven't seen before.

    The entity or individual offering these sales can only make money if the market drops 30%-50% within the next four weeks. If the market does not drop, the entity or individual involved stands to lose over $1 billion just for engaging in these contracts!

    Clearly, someone knows something big is going to happen BEFORE the options expire on Sept. 21.

    http://www.liveleak.com/view?i=edd_1188329452
    "Watch what people are cynical about, and one can often discover what they lack. -- Gen. George S. Patton

  2. #2
    Atomic Punk
    Join Date
    12.25.01
    Age
    53
    Location
    Carmel, Ca
    Posts
    7,954
    Favorite VH Album

    Fair Warning
    Favorite VH Song

    You\'re Kidding,right?
    Last Online

    05.31.14 @ 08:17 PM
    Likes
    0
    Liked 1 Time in 1 Post

    Default

    So...what do I tell my stockbroker?
    "Nothing is ever what it seems but everything is exactly what it is." - B. Banzai


    My Blog:

    http://axxman300tool.blogspot.com/

    http://www.myspace.com/axxman300

  3. #3
    Atomic Punk Van Squalen's Avatar
    Join Date
    12.21.03
    Posts
    22,157
    Last Online

    12.10.17 @ 05:31 PM
    Likes
    0
    Liked 1,595 Times in 981 Posts


    Donor

    Default

    Real estate is about to bottom out. Crash and burn. Mass foreclosures, bankruptcies, homeless families.

    Sub prime home owners are fucked.

  4. #4
    Eruption Dr5115's Avatar
    Join Date
    05.04.04
    Age
    44
    Location
    Atlanta, Ga
    Posts
    1,295
    Favorite VH Album

    VH II
    Favorite VH Song

    Humans Being
    Last Online

    12.09.17 @ 10:11 AM
    Likes
    172
    Liked 192 Times in 87 Posts


    Donor

    Default

    Hmmmm..........


    We all know everything on the internet is true, so..............

    It must be time to panic.

  5. #5
    Atomic Punk edwardv's Avatar
    Join Date
    12.13.01
    Age
    59
    Location
    hanover pennsylvania
    Posts
    10,026
    Favorite VH Album

    diver down
    Favorite VH Song

    drop dead legs
    Last Online

    12.10.17 @ 04:53 PM
    Likes
    4,472
    Liked 2,379 Times in 1,485 Posts


    Premium Member

    Default

    Markets go up and markets go down.....

  6. #6
    Atomic Punk FORD's Avatar
    Join Date
    01.26.00
    Age
    51
    Location
    The Mighty Pacific Northwest
    Posts
    7,807
    Favorite VH Album

    All 6 of em!!
    Favorite VH Song

    Unchained
    Last Online

    10.22.17 @ 08:55 PM
    Likes
    0
    Liked 1 Time in 1 Post

    Default

    Quote Originally Posted by edwardv View Post
    Markets go up and markets go down.....
    But would you bet a BILLION dollars on that??
    Eat Us And Smile

    Welcome back, Van HALEN!!!!

    ...It's the BAND and Dave is really the cat that can front VH. He sang his ASS off and was really cool. No cheese here guys, this is filet Mignon! - Steve Lukather's comment after witnessing a Van HALEN 2007 rehearsal

    "What then is this bleating of sheep in my ears?"- 1 Samuel 15:14

  7. #7
    Super Duper Frontman track 5's Avatar
    Join Date
    03.04.00
    Location
    TEXAS
    Posts
    7,887
    Last Online

    12.03.17 @ 09:00 PM
    Likes
    1,311
    Liked 537 Times in 291 Posts


    Premium Member

    Default

    Quote Originally Posted by FORD View Post
    But would you bet a BILLION dollars on that??

    I'm going to cash out on this end. Take my money and run. It's the prudent choice as I see it. Take care all you bitches...it's been fun. Ya'll know where to find me if ya'll get into a pinch. Out.
    Quin-a-se-i-co

    You're a dick for putting ian on "ignore" DIF

    "You stupid fuck!" Seen

    "Well if you saw it, stats and scientific studies be damned!" Lovemachine 97 v. 2.

  8. #8
    Atomic Punk FORD's Avatar
    Join Date
    01.26.00
    Age
    51
    Location
    The Mighty Pacific Northwest
    Posts
    7,807
    Favorite VH Album

    All 6 of em!!
    Favorite VH Song

    Unchained
    Last Online

    10.22.17 @ 08:55 PM
    Likes
    0
    Liked 1 Time in 1 Post

    Default

    Quote Originally Posted by track 5 View Post
    I'm going to cash out on this end. Take my money and run. It's the prudent choice as I see it. Take care all you bitches...it's been fun. Ya'll know where to find me if ya'll get into a pinch. Out.
    Prudent choice?

    Poppy, is that you??
    Eat Us And Smile

    Welcome back, Van HALEN!!!!

    ...It's the BAND and Dave is really the cat that can front VH. He sang his ASS off and was really cool. No cheese here guys, this is filet Mignon! - Steve Lukather's comment after witnessing a Van HALEN 2007 rehearsal

    "What then is this bleating of sheep in my ears?"- 1 Samuel 15:14

  9. #9
    Eruption timmac's Avatar
    Join Date
    07.14.04
    Age
    49
    Location
    Dallas, TX
    Posts
    1,326
    Favorite VH Album

    VH I
    Favorite VH Song

    Mean Street
    Last Online

    11.25.17 @ 10:26 AM
    Likes
    1
    Liked 12 Times in 3 Posts


    Donor

    Default

    Clearly, someone knows something big is going to happen BEFORE the options expire on Sept. 21.
    Clearly, bullshit. If I had a dime for every time a client or investor said "clearly, this will happen" I would now be playing bridge with Warren Buffett and Bill Gates, on a big, fat pile of money.

    I've been doing this investing thing for a long time, and the biggest losses I have ever seen - millions of dollars at a time, not from my clients - are from people who make big bets like this and get their shorts handed to them. There is nothing clear about this at all, and the vast majority of people who get into options are gonna lose. Derivative contracts like this are the result of putting MBAs together with stupidity. Go ahead, create the panic - gives me a easier entry point for dollar cost averaging, I got a lot of time to make this stuff grow.
    Nothing to see here.

  10. #10
    Atomic Punk chefcraig's Avatar
    Join Date
    06.01.02
    Location
    A Confederacy of Dunces
    Posts
    19,370
    Last Online

    03.07.10 @ 06:18 AM
    Likes
    0
    Liked 10 Times in 9 Posts

    Sept. 18th is the start of the United Nations session this year. As usual, Taiwan is going to attempt to join, much to China's immediate chagrin. Perhaps...
    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
    George Bernard Shaw

  11. #11
    Wear the fox hat... Filthy 150's Avatar
    Join Date
    10.13.03
    Location
    Right here.
    Posts
    4,121
    Favorite VH Album

    5150
    Favorite VH Song

    Drop Dead Legs
    Last Online

    10.16.17 @ 11:43 AM
    Likes
    31
    Liked 17 Times in 10 Posts


    Premium Member

    Default

    This is a hoax.
    "Here's to swimmin' with bow legged women."
    Quint- Boat Captain
    --------------------------------------------------


    "As God as my witness...I thought turkeys could fly"
    Arthur Carlson- Radio Station GM
    --------------------------------------------------


    "I think you're all fucked in the head. We're ten hours from the fucking fun park, and you wanna bail out! Well, I'll tell you something, this is no longer a vacation . . . it's a quest! It's a quest for fun! I'm gonna have fun, and you're gonna have fun! We're all gonna have so much fucking fun we'll need plastic surgery to remove our Goddamn smiles! You'll be whistling Zip-a-dee-doo-da out of your assholes! "
    Clark W. Griswold- Food Additive Designer
    ---------------------------------------------------


    VIVA TEXAS LINKERS WEEKEND!
    Round I = Done!
    Round II = Done!
    Round III = Done!
    Round IV = Done!
    Round V = Done!
    Round VI = Done!
    Round VII = Done!
    Round VIII = Done!

  12. #12
    Atomic Punk FORD's Avatar
    Join Date
    01.26.00
    Age
    51
    Location
    The Mighty Pacific Northwest
    Posts
    7,807
    Favorite VH Album

    All 6 of em!!
    Favorite VH Song

    Unchained
    Last Online

    10.22.17 @ 08:55 PM
    Likes
    0
    Liked 1 Time in 1 Post

    Default

    Quote Originally Posted by Filthy 150 View Post
    This is a hoax.
    It's been fairly widely reported. What evidence do you have to the contrary?
    Eat Us And Smile

    Welcome back, Van HALEN!!!!

    ...It's the BAND and Dave is really the cat that can front VH. He sang his ASS off and was really cool. No cheese here guys, this is filet Mignon! - Steve Lukather's comment after witnessing a Van HALEN 2007 rehearsal

    "What then is this bleating of sheep in my ears?"- 1 Samuel 15:14

  13. #13
    Good Enough Nickdfresh's Avatar
    Join Date
    12.12.04
    Age
    47
    Location
    Buffalo, NY
    Posts
    1,538
    Favorite VH Album

    FAIR WARNING
    Favorite VH Song

    "Sinner's Swing!"
    Last Online

    11.27.17 @ 11:27 PM
    Likes
    4
    Liked 15 Times in 9 Posts

    Default

    Quote Originally Posted by FORD View Post
    It's been fairly widely reported. What evidence do you have to the contrary?

    "Reported" by whom? "Prison Planet?" Alex Jones?
    Originally posted by Katydid

    Because I realize you all (the Roth Army) are a bunch of twisted, demented, beastility, porn loving, drug addicts and alcoholics and psycopaths. I guess Devil worshippers more aptly describe you.

  14. #14
    Wear the fox hat... Filthy 150's Avatar
    Join Date
    10.13.03
    Location
    Right here.
    Posts
    4,121
    Favorite VH Album

    5150
    Favorite VH Song

    Drop Dead Legs
    Last Online

    10.16.17 @ 11:43 AM
    Likes
    31
    Liked 17 Times in 10 Posts


    Premium Member

    Default

    Quote Originally Posted by FORD View Post
    It's been fairly widely reported. What evidence do you have to the contrary?
    I forwarded it to a friend that is a stockbroker...he said it looked like it was BS.



    Maybe he is in the mushroom division of his firm.
    "Here's to swimmin' with bow legged women."
    Quint- Boat Captain
    --------------------------------------------------


    "As God as my witness...I thought turkeys could fly"
    Arthur Carlson- Radio Station GM
    --------------------------------------------------


    "I think you're all fucked in the head. We're ten hours from the fucking fun park, and you wanna bail out! Well, I'll tell you something, this is no longer a vacation . . . it's a quest! It's a quest for fun! I'm gonna have fun, and you're gonna have fun! We're all gonna have so much fucking fun we'll need plastic surgery to remove our Goddamn smiles! You'll be whistling Zip-a-dee-doo-da out of your assholes! "
    Clark W. Griswold- Food Additive Designer
    ---------------------------------------------------


    VIVA TEXAS LINKERS WEEKEND!
    Round I = Done!
    Round II = Done!
    Round III = Done!
    Round IV = Done!
    Round V = Done!
    Round VI = Done!
    Round VII = Done!
    Round VIII = Done!

  15. #15
    Eruption timmac's Avatar
    Join Date
    07.14.04
    Age
    49
    Location
    Dallas, TX
    Posts
    1,326
    Favorite VH Album

    VH I
    Favorite VH Song

    Mean Street
    Last Online

    11.25.17 @ 10:26 AM
    Likes
    1
    Liked 12 Times in 3 Posts


    Donor

    Default

    Honestly, who cares that someone is betting on a crash? For each option trade, there has to be the opposite side of the trade. So, someone is betting on a crash, and someone else is betting that it won't. Opposite side of the same trade - we'll see on September 19th who is right and who is wrong. The one who sold the calls - the one who is betting on the crash - has infinitely more risk that whoever bought them, since the risk on selling calls is UNLIMITED since there is no upper limit to an index or stock. I'm sure they also took another position to hedge against themselves, in case shit hits the fan, which could dramatically lower their profit potential.

    I'm still calling bullshit. Technically, it could happen, but why? There are so many better ways to take a short term bet on a market crash than something like what's described here.
    Nothing to see here.

 

 

Similar Threads

  1. "Iraq's missing billions"
    By graeme in forum VH Fans Meeting Place (Non-Music)
    Replies: 0
    Last Post: 03.21.06, 10:14 AM
  2. Burn me a cd??
    By venom thrust in forum Bootleg Network
    Replies: 2
    Last Post: 01.21.06, 10:35 AM
  3. Classic Dave ( Fourth Installment of Daily Catastrophe)
    By AJW in forum Main VH Discussion
    Replies: 0
    Last Post: 04.11.01, 09:52 AM
  4. daily catastrophe - ROTH RETURNS
    By drummr in forum Main VH Discussion
    Replies: 17
    Last Post: 11.20.00, 08:25 AM
  5. new daily catastrophe!
    By batch in forum Main VH Discussion
    Replies: 15
    Last Post: 11.17.00, 08:17 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •