8 votes

ALERT: 900 Million Euro PUT, betting that the Euro will crash within 2 weeks

http://www.derivativesintelligence.com/Article/3176278/News/...

Communication
A 900 million Euro trade rocked the London options markets
this morning. The two- week put on the euro against the
U.S. dollar.

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Remind Me Again

How did George Soros make his fortune? History repeats. He'll be the richest man in the history of the world.

Remind me again what family did George get his money from

Red Sheild?

sovereign

I'll bet 900 million euros

that this is a hoax. There is one very terse article that is mirrored only on conspiracy-theory web sites. Besides, options expiry in London is three weeks away.

Is the 900 million the notional value or the cost of the contract? Who took the other side of the trade? What is the strike price that constitutes a bet on a "crash"? The article does not say. I call BS.

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

It true...

It has to be the Federal Reserve.

Why?

A falling Euro will mean a rising dollar. A rising dollar equates to a falling stock market. The Fed needs a "strong" market to reinforce the idea that their management of interest rates and money supply is working, and turning the economy around. The Fed does not want a strong dollar, but a dollar that weakens steadily over time.

Plus, we're talking about a huge "put" purchase in the options market.
Are you really suggesting that the Federal Reserve would get involved with trading options? I doubt it would even be legal, but even more, I seriously question the idea that they would expose themselves to such an obvious scandal if the bet pays off.

My guess is, it's a big player with inside information on how the Cyprus problem will be resolved. Perhaps it's even Russian elements who are pissed and want their money back!? We'll find out soon enough if it was a good bet or not, or if this story is even legitimate.
But, the Fed???? I don't think so.

Big Bucks

It would be funny if it were a German(s)

They have had enough lol

donvino

Germany has benefitted from the Euro

more than any other country. It's economy is heavily reliant on exports and the Euro is worth less than the Mark would be relative to other currencies, so German products are cheaper than they otherwise would be, thus raising demand for them worldwide.

Yes

Yet many German taxpayers and I know some of them want out. They too want their country back.

donvino

If True

They lost LOTS of money today. If the put options are only two weeks to expiration the time premium is already decaying rapidly. Combined with the spike in the Euro today the speculator is already deep in the red.

But it also means they were

But it also means they were 'cheap' to begin with.

Not saying it is true, but Rothschild began in exactly this way with the battle of waterloo. So stories like this are sometimes true.

Also, some of the players that could make such a bet are capable of causing it. For instance, Russia is in a position to cause enormous problems in a few weeks - so it isn't necessary a bet to begin with.

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.

hoax?

https://www.google.com/search?q=900+million+put&aq=f&oq=900+...

I cant find anything about this on any site besides "copy and paste" conspiracy sites.

where is a link from a financial or news website?

No way.

To much betting on currency market.Its all or none with all fiat currency.

Is Cyprus the Communists hidden lever?

For people that have been thinking that Communists have had a plan the entire time to cause a worldwide disaster,

You can't help but notice that what Russia does in the next few weeks is one of the pivots of this crisis.

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.

It may be that Russia

and the Orthodox Church hold the key to Cyprus's salvation. If Cyprus were to convert to using rubles as a transition out of the Euro, for example, the people might be spared a lot of suffering and the bonds between the two countries could be strengthened. Cyprus could even put itself under temporary Russian state governance as a protectorate of sorts.

BTW, Russia is no longer communist, but it is increasingly devoutly Christian (in a patriotic, national identity sense).

commies in the cupboards

There everywhere hiding out as progressive democrats and republicans in DC

And have dominated 3/4's of

And have dominated 3/4ths of the world's population in the last century, and caused more genocides than all of history combined; as well as arising virtually overnight.

If only Libertarians (fake opposition), were as effective.

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.

Question from a financial-lay:

Financial-lay..ha!....anyway:

Isn't this some kind of put-option record?

Edit: The link just worked 5 minutes ago when I clicked it, now it doesn't work. I'll try to find an alternate link.

Anyone else seeing the same?

If you don't know your rights, you don't have any.

well

The next week or so should be interesting anyway ;)

donvino

Another link

http://www.derivativesintelligence.com/Article/3176278/News/...

When a true genius appears in the world, you may know him by this sign: that the dunces are all in confederacy against him. ~J. Swift

thanks! I see this same

thanks!

I see this same article being copied by fromthetrenches, beforeitsnews, and whatreallyhappened.

It the same thing over and over again but I cant find any other mention of it on other websites that dont just copy and paste.

what this is, is an attempt

what this is, is an attempt to keep the dollar afloat a little longer. Same with the Japanese devaluing the yen a few weeks back.

link is down

Any other links to this.....there is nothing on zero hedge.

Cyprus bank intentional collapse dommino effect?

So lets say the Euro crashes, want to bet this is paid with USD from the Rothschild Fed Reserve counterfit operation.

The Red Mafia Rothschild has given humanity an ultimatum in Cyprus.

Just the last vistages before the final intentional crash, then another engineered, red sheild world war. Will the planets species survive this family?

sovereign

the intermediate term options on gold stocks

are also very bullish. Seems gold has been manipulated down since late September or October. I sometimes look at option volume to determine where the "smart money" thinks a particular stock is headed. In the case of junior gold miners (GDXJ) the longs outnumbered the shorts in the april-may time frame by a 5-1 ratio. The heaviest volumes were in the $22-$24 range with a current price around 17. This would indicate that the smart money expects a 30% gain in 1-2 months. I put a small speculative bet on their side, we'll see how it turns out.

Josh Brueggen
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