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A month ago it was one trade. Now it’s 4.
$2.7 billion in short oil positions, each placed minutes before a big Iran announcement.
March 23: $580M short, 15 minutes before Trump paused strikes
April 7: $950M short, hours before the ceasefire
April 17: $760M short, 20 minutes before Iran’s foreign minister announced Hormuz reopening
April 21: $430M short in post settlement hours, 16 minutes before Trump extended the ceasefire
Crude dropped between 6-15% after each one.
Coincidence?