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Another 'Bin Laden' Trade?

Money Morning reports (here) that massive bearish option trades have been placed this month, reminiscent of trades placed in early September, 2001.  Keith Fitz-Gerald writes the trades in September, 2001 turned out to be totally divorced from any insider political information intrigue.  He believes the same is true now.  But there are large option trades, mostly spreads that limit risk, that the S&P 500 will suffer significant declines between now and year end.