Investment firm Austin Private Wealth LLC has denied claims that it placed a massive put option on Trump Media & Technology Group stock the day before the assassination attempt, asserting that the filing was a “clerical error”.
In stock market terms, a put option is basically a bet that the asset’s price will fall, which would have almost certainly occurred if Trump had been killed.
As writer and researcher Josh Walkos highlighted, it appeared as though the firm had “shorted 12,000,000 shares of $DJT via a put option. The filing date is July 12th, the day before the assassination attempt.”
“They have around $1 Billion in assets under management and this is by far the largest put placed,” wrote Walkos.
A Bloomberg terminal screenshot showed that the contract subsequently disappeared from the record.