Quote from Maverick74:
I love this erroneous assumption that the calls had to be sold and not bought. There is nothing that supports that claim. Also, I love the fact that these dimwits are not even allowing for the possibility that the trade was a cross done off the floor as part of an OTC trade.
Here is a crazy idea. If this scenario were true, wouldn't it be much easier to just short sp 500 futures. Since those trades are not tagged and would go completely unnoticed and would offer a much higher payout. Oh wait, I forgot, we need to stay in bizzaro world when we play this game, I forgot.