philstockworld~com winning 600% option trade

Quote from Wallace:

interviewed on BNN Fri, 9min clip: http://watch.bnn.ca/friday#clip355520
a 'news trade' of a weekly DIA option went from 0.20 to $1.40 in a couple of hours

I've never heard the term "news trade" associated with an index position. I'm not terribly impressed unless the buyer committed 100% of their book to the position. :p
 
Quote from atticus:
I've never heard the term "news trade" associated with an index position. I'm not terribly impressed unless the buyer committed 100% of their book to the position. :p
did you watch the clip ?
 
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