Trader lays down $21 m on S&P 500 call‑structure, betting on a 30 % rally to 9,000 points

Moments before Cryptopolitan reported the Federal Reserve’s decision to cut interest rates by 25bps, someone threw down nearly $21 million on a single trade seemingly out of nowhere, banking on the S&P 500 hitting 9,000 by the end of next year. The trader paid $20. 9 million in premium for the position, which is targeting a […] source: https://www.cryptopolitan.com/trader-lays-down-21m-on-sp-500-hitting-9000/