Posted on 04/17/2026 5:18:26 PM PDT by Ultra Sonic 007
Investors placed a bet worth about $760 million on a falling oil price around 20 minutes before Iran's foreign minister announced on Friday that the Strait of Hormuz was open, another sizeable wager on the world's most traded commodity ahead of major announcements in the course of the Middle East war.
Large, well-timed trades in recent months have drawn concern from U.S. lawmakers and legal experts that decisions around war and diplomacy can give some traders an edge in volatile and opaque derivatives markets.
Between 1224 GMT and 1225 GMT investors sold a combined 7,990 lots of Brent crude futures, according to LSEG data.
Based on the price at the time, these trades were worth about $760 million.
At 1245 GMT, Iran's foreign minister posted on X that passage for all commercial vessels through the Strait of Hormuz was declared completely open for the remaining period of ceasefire, in line with the ceasefire in Lebanon.
The announcement pushed crude down as much as 11% on the day in the minutes that followed.
(Excerpt) Read more at economictimes.indiatimes.com ...
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
If anyone knows how to time the market profitably, please teach me. Until then, dollar cost averaging works great. Helps me sleep too.
Did anyone see Nancy Pelosi on the trading floor screaming “SELL SELL SELL THOSE CALLS AND BUY BUY BUY PUTS” NOW”?
Did anyone see Nancy Pelosi on the trading floor screaming “SELL SELL SELL THOSE CALLS AND BUY BUY BUY PUTS” NOW”?
“for each sale there was also a buy ...
why are they only reporting one side of the equation?
are the authors too inexperienced to understand that?
or do they maybe have other motives?”
It is not that simple. Often market makers who know how to hedge their positions are involved.
I agree. We have a “theatre” of war, and all these money games.
Not exactly the hardest prediction ever made.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.