Ever look for an answer son banger? Or are unanswered questions "proof" in you little mind?<quoted text>
How did the Wall Street Insiders know to short sell the stocks of American Airlines just before 9/11?
United Airlines trade volumes were lower than the spikes that occurred in March and April. If a United Airlines spike of 8,072 in March didnít suggest an imminent attack, then why should 3,150 puts in September have any more effect?
Insight reported that there were repeated spikes in put options on American Airlines during the year before Sept. 11 (June 19 with 2,951 puts, June 15 with 1,144 puts, April 16 with 1,019 and Jan. 8 with 1,315 puts). In the same period, United Airlines had slightly more action (Aug. 8 with 1,678 puts, July 20 with 2,995, April 6 with 8,212 and March 13 with 8,072).
So it seems the American trades were the highest they'd been in the previous year (assuming the 4,516 figure it correct), although there may be reasons for that (see elsewhere). The United Airlines trades were less than half the spikes in April and March, though, suggesting they weren't as unusual as some people claim.