Key insights
- The author alleges potential market manipulation by the WSJ regarding an Intel-Apple chip report released just before options expiration, questioning the stock's surge despite similar news already circulating. They highlight the significant gains in Intel call options, suggesting possible exploitation of the news timing. This raises concerns about information control and its impact on market volatility, but the claims are speculative.
How come nobody talks about the obvious market manipulation pulled off by WSJ? How else can you call a half baked report coming on a Friday, just 3 hours before market close when all options would’ve expired worthless?
My second question is why did the stock climb so much on a news that was already priced in since Tuesday’s report from Bloomberg. This wasn’t even a confirmation or some other big improvement to the first news. It is basically the same news in other words. They don’t even know which Apple products would be using INTC chips. Is it due to the bots interpreting this as positive news? If so, seems like “the press” has the most power over the stock market in those times.
120$ Calls went from 0.3 to 7 in an instant. That’s like 20x in 3 hours.