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Grimburger
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There was equity futures and oil contracts both at the same time. Total risked with zero public news was approx $1.5B
> I'm not sure there is enough to conclude this definitely is insider trading. Markets are weird.
This was 6-8x the size all the existing trades on market combined, with zero other publicly available information early on a Monday morning 15 mins before an announcement that significantly moved the market.
Not even the biggest hedge funds in the world with coked up yolo traders go make 1.5 billion dollar bets like that, it simply doesn't happen.
It's egregious and blatant insider trading. The position got closed not long after the news came out.