Conspiracy theories
Man, they’re fun. This recent SPY call (summarized best here) is a pretty interesting thing. Does it mean someone’s got inside info on a terrorist strike? (Could be, there’s rumors of the same option call happening in 9/2001, but no real details, in true conspiracy theory style.) Is it a hedge fund trying to cash out what it can now to appease investors?
I’ve got an even weirder idea - what if it’s actually someone with a much broader interest and ability looking to artificially depress the market, or at least supress it until the 21st of Sept? If enough fear is spread, and the market holds steady, then there could be a huge influx of demand right afterward. What if someone bought in heavy on the 20th and sold heavily on a large upswing on the 25th? Get a load of that conspiracy theory - maybe it’s someone who considers the idea of losing a billion nothing at all. And all this noise is just to cause a market swing in their favor, after the crazy option call expires!
Anyway, it’s an interesting thing to think about - we’ll see what happens in any case!