So … the markets close at 4:30 EST. TRUMP was shot at 6:11 (CST??). The markets were long since closed. The short was as a PUT option (not technically a short, but definitly a gamble it drops). The options market closes also at 4:30 AND HAS NO AFTER HOURS TRADING. SO!!! That ‘Short’ play failed bigtime. It was a PUT for 12mil shares. I have traded options for 30 years. Inhave never heard of a single ‘non-hedge’ play like that. I wonder what they paid per share? I haven't seen what the strike, price, and expiration was. That would be interesting. Most equities (stocks) Options expire at close of trading Friday (weekly). If those options were week long (set to expire tomorrow) … they need to be arrested immediately. Like … right now. They knew about the shot. Zero question.
So … the markets close at 4:30 EST. TRUMP was shot at 6:11 (CST??). The markets were long since closed. The short was as a PUT option (not technically a short, but definitly a gamble it drops). The options market closes also at 4:30 AND HAS NO AFTER HOURS TRADING. SO!!! That ‘Short’ play failed bigtime. It was a PUT for 12mil shares. I have traded options for 30 years. Inhave never heard of a single ‘non-hedge’ play like that. I wonder what they paid per share? I haven't seen what the strike, price, and expiration was. That would be interesting. Most equities (stocks) Options expire at close of trading Friday (weekly). If those options were week long (set to expire tomorrow) … they need to be arrested immediately. Like … right now. They knew about the shot. Zero question.