Massive Puts Bought S&P 500 Indicating Another Stock Market Crash 2010?

[StockMarkeToday]

They do this crap all the time then b/c they're long they still get paid, gambler 101 aholes

[JohnOptions]

It's crazy to watch them throw away so much on the downside but I guess they can because they probably bet just as much to the call side this time around, gambers

[OptionCzar]

Thumbs up for "RED OCTOBER!"

[StockMarketFunding]

Rinse and repeat!

[StockTradingMaster]

Thoughtful video and analysis... thumb up

[abe2517]

Inside Job - coming soon!

[OptionsSchool]

thanks for the video don't these "professionals" know not to trade against the fed, maybe they need more training lol

[bdumont100]

CRASH COMING BEYOND ANYONE'S IMAGINATION!

[Astamalana]

Hi. Eng ain't my native language, can you explain me a bit ? Those trader are betting money S&P is about to collapse during October, right ?

What is S&P ? and how few millions of dollars could affect us ? Isn't the routine for them to bet such high price on stock ?

(Sorry if i'm lost there, i have few to none knowledge about stock market)

[ardizd]

i thought the REDs are puts...no?

[ProfMike789]

@ardizd ...Yeah, I'm not so sure our little armageddon-screamer here knows what he's looking at.

[StockMarketFunding]

@ProfMike789 did we say armageddon? No. Highlighting big bets Wall Streeters are purchasing hardly constitutes us calling for Armageddon you obviously haven't been watching our other videos

[Hendo1974]

Market warning, the shit is going to hit the fan!

[bobfall]

Thank you for the vid.

bob

[StockMarketFunding]

@bobfall You're welcome bob, thanks for watching! There was some major call buying the next day on the "SPY" in bigger amounts...but they expired the next day and made good money on them...possibly to hedge the that these guys who bought these PUTS are underwater $11 on each of these trades on this video.

[Montagraph]

I personally think that the stock market will drop down to 5900 on Oct 19th 2010!

[witecracker2]

unbelievable, actually it like seeing a plane crash before it happens....wow thanks for the heads up,... and just who are the people? anyway to find out??? just curious,...

[StockMarketFunding]

@witecracker2 Thanks for stopping by and leaving a comment whitecracker2. You can't really find out who these people are because markets are anonymous unless you're the SEC or the broker/dealer...but each 100 contracts at $25 is $250,000 purchase. They're about $11 underwater after they took the markets higher the other day.

[ProfMike789]

@witecracker2 Not really like seeing a plane crash... It's like seeing the passengers of a plane start rioting, when no crash is imminent. Eventually, the passengers break into the cockpit and cause the crash themselves. It's a self-fulfilling prophecy. What's causing this? I think it's because taxes will be going up. Remember, when we're faced with a few percent more in taxes, it's chump change, but when it's the rich, that's billions of dollars. Better off paying less now than more later.

[bigc028282]

Time to take that 401k loan from YOUR money that they won't let you control or pull, and put the money in gold and silver; if you HAVE already purchased your ammo and food??

[ThePerezenterprise]

thanks for the info john.

[aka5Fires]

Yes, but why?

These are contingency contracts, but on which stocks?

The S&P is fragmented so it doesn't mean the whole sky is going to fall, just chunks of of it. So, the question is, what are those chunks connected to, which stocks??? do they or will they affect the price of a loaf of bread and a gallon of gasoline? Is this just another ploy to further devalue the currency??? not in total but incrementally

[aka5Fires]

Yes, but why?

These are contingency contracts on which stocks?

The S&P is fragmentened so it does mean the whole sky is going to fall, just chunks of of it. So, the question is, what are those chunks connected to?

[toronto1234]

so if i understand this correctly, they are expecting the fall in October 16, 2010?

[ndell7]

The puts are getting cheaper and cheaper every day and quickly losing value. Looks like they could be hedges.

[1mealperday]

Good time for the average man to pay attention eh?

[1mealperday]

OH O trouble on the 16 th or earlier

[TheGiantNoodle]

Do you realize your voice is like nails across the chalkboard?

[TheSMFTRADER]

@TheGiantNoodle You realize you have an ugly mug lol

[1mealperday]

@TheGiantNoodle the voice is entirely appropiate. I love it and am thankful to hear it. Beauty of life is the differences

[MaKaElectric]

Sent to all contacts, thanks for posting.

[w0tm]

I am 100% bear invested but, remember, there are others on the other side of these puts. Other (equal number) "big guys" believing just as much that the market will go up! What will hyperinflation do to stocks? Will HI create an S&P 50,000 times higher than what it is now but in Zimbabwe type currency? Someone who's smarter than I am please speak up! Thanks! Time to totally get out of mkt? I am hvy into physical silver+gold. Should I be ALL physical? Armageddon?

[sarahsgift1]

Interesting video!

[eatfish97]

Exultant video On S&P Puts/Calls thanks

[kenandjasha]

Hi...first time viewer of your vids... is this kind of thing normal or is this a red flag?

[TheSMFTRADER]

@kenandjasha There was a second video that went into a bit more volume details on the totals. It was called Smart Money Buying Puts, no these volumes on index puts don't typically total $400M between two contracts. It doesn't mean we definitely will crash but it is certainly a redflag and we'll keep our eyes on those contracts. We had actually done a video on those contracts over the weekend before the volume hit.

[chuck3377]

thank you for the info on the big put bets going down,

[StockMarketFunding]

@chuck3377 It is really great to watch these "big money" players try to go "all in" then they find themselves upside down quick. We have bids below the market. These guys aren't using their own money, they don't mind throwing it around as much as people when it's their own money. I guess that's what 20 something quant kids like.

[StockMarketFunding]

@chuck3377 You're welcome chuck, thanks for stopping buy, there were actually bigger bets on the 1120 Puts we did as a video response after this one. 

[StockMarketFunding]

@zerosum Today we're seeing heavy buying in the VIX.X OCT Calls at the $35 & $45 Strike Prices. We're also seeing large volumes on teh SPX.X 1100 Put with 51,186 traded between $2.80 and right we're they're at now at $1 low $1.10 x $1.40 now. All 3 of those trades are likely just volatility hedges. The 1120 Puts had $138.6 Million traded yesterday and the 1100 put had about $45 Million total. They wouldn't be throwing that kind of premium risk around if they didn't think we'd go down to 1110.

[StockMarketFunding]

@zerosum the last day the contracts trade is 10/14 on the close. They are European pricing contracts when means settlement is based on the opening print on 10/15. Hope that makes sense.

[Ranger4564]

Are you crazy? Surely he sounds a lot more like a Horse Racing Announcer... Pimlico, Belmont, etc. ;) I am pretty sure that it's intentional.

[ytgv3fc7]

@Ranger4564 ya... this is high quality data, with someone who absolutely does not have a radio voice. eesh. Well, it's high quality information so ... ;)

[1mealperday]

@ytgv3fc7 agreed, great voice!! lol

[StockMarketFunding]

@Ranger4564 Yeah it's intentional, that's what happens to your voice when you're yelling at traders for 30 years.

[chuck3377]

@Ranger4564 sounds to me like the guy who sells the knifes and swords on cable television infomercials

[CoinsFreedom]

@chuck3377 To me it sounds like the TRUTH....which is music to my ears before the fat lady sings!

[georgiabigfoot]

Is it just me, or does this guy sound like Red Barber the old voice of the Brooklyn Dodgers ? That's a compliment by the way to the narrator of this video !