Trades Before Trump Tariff Post Draw Scrutiny
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Market watchers have been scrutinizing some extremely well-timed options trades just ahead of President Trump’s rally-sparking tariff announcement on Wednesday. At 1:10 p.m., SPY was trading at about $501—so it would have taken a jump of more than 1.5% for those options contracts to deliver a payday. Instead, at 1:18 p.m. ET, Trump announced in a Truth Social post that he was pausing many of his steepest tariffs for 90 days.
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