...more recent posts
white folks cant bump? (cnn, the new onion!)
nukes & spooks: mclatchy national security blog
Unmarked super snooper helicopter patrols NYC skies. Phew, now I feel better.
shooting off her mouth -- again
Please, someone, put her out to pasture.
Things that make you go hmmm.
After September 11, 2001, there was a great deal of speculation that the terrorists or their associates had traded in the option market on advanced knowledge of the impending attacks. This paper generates systematic information about option market activity that can be used to assess the option trading that precedes any event of interest. Examination of the option trading leading up to September 11 reveals that there was an unusually high level of put buying. This finding is consistent with informed investors having traded options in advance of the attacks.