Head of derivatives at Energy Aspects
Appears in 1 story
Quoted on the trade's timing
On March 23, about 15 minutes before President Trump posted that he was postponing strikes on Iranian power plants, traders placed billions of dollars in futures bets that oil would fall and stocks would rise. In a two-minute window, roughly $580 million in crude contracts changed hands — 8.5 times the volume traded in the same window the prior week.
Updated 1 hour ago
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