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Traders place $760M bet on falling oil ahead of Hormuz announcement

69 points by Jimmc414

by chopete3

1 subcomments

>> Investors placed a bet
Aren't these more of gamblers?. There is no real asset they are investing in.

by bix6

7 subcomments

Is it possible to trace this stuff back to individuals? Would love AI to do that.

by runeks

0 subcomment

by metalglot

0 subcomment

Bets placed on misinformation spread on a friday that's outdated by saturday morning. Turning into a weekend tradition at this point..

by refurb

1 subcomments

If this trade is based on inside information, it would be on the Iranian side since it's timed on the IRGC's X post.
That seems like a smart move by Iran. Get rich off your own announcements.