- Bullish options bet on Equitrans came days before debt deal
- Firm involved in building a pipeline that was included in deal
The US government’s move to greenlight a 300-mile natural gas pipeline as part of legislation to stave off a Treasury default shocked just about everyone, except for a mystery trader who somehow appears to have seen it coming.
On Wall Street, analysts had mostly expected vague promises on energy permits to be included in a bill to raise the US debt ceiling. Yet, options trading suggests something bigger may have been in the offing.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.