2001 Live
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Live-posting as a reporter embedded in history. Curated by @MannyMarotta. Companion to @50YearsAgoLive, @100YearsAgoLive, and @250YearsAgoLive. DM for business.
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A single U.S.-based investor places a massive volume of put options on United Airlines stock (UAL), betting that the value will go down.
These 2000 contracts represent a 20x spike from the usual daily volume.
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