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$70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money
On April 9, 2025, someone risked about $2.5 million—and walked away with more than $70 million in under an hour. The trade was simple, but bold: buy a specific kind of option tied to SPY, the exchange-traded fund (ETF) that tracks the S&P 500, the most widely
The trade was simple, but bold: buy a specific kind of option tied to SPY, the exchange-traded fund (ETF) that tracks the S&P 500, the most widely followed index of large-cap U.S. companies. If those shares were sold at the closing price of $533.94, the buyers would have locked in a gain of more than $36 per share—earning over $100 million in profit in sixty seconds. I checked comparable moments in market history: emergency rate cuts in 2008, the first quantitative easing program in 2009.
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