Spot The Megamerger Leak, Kraft-Unilever Edition

Tyler Durden's picture

As we detailed earlier, while the story was first leaked by the FT Alphaville blog, there was immediate speculation how widely this morning's megamerger was leaked first.

Sure enough, volume of bullish Unilever options rallied in the past two days.

As Bloomberg points out, on Unilever’s U.S. ticker, 10,909 calls traded on Feb. 15, the most since 2011 and compared with 232 puts; 5,186 bullish contracts changed hands on Feb. 16 versus 31 bearish bets. March $45 and $40 calls were the most active on Feb. 15; March and May $45 calls were the most traded on Feb. 16.  On the Dutch ticker, call volume jumped to 24,649 on Feb. 16, the most since September and more than double put trades. March EU40 calls were the most traded on Feb. 16.

Kraft also saw a surge in options activity...


Some 'lucky' trader just made a killing...


Uniliever has issued a statement on The FT 'leak'...

*  *  *


Dear SEC, get back to work...

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Squid Viscous's picture

looks like a boner, that will inspire them to watch more porn?

gigadeath's picture

"Food" themed porn no doubt...

Richard Chesler's picture

Uncle Warren does it again.

Corrupt POS!


JRobby's picture

More monopolistic consolidations.

Over at the offices of "the regulators":

Stage direction: audio: (sound of crickets chirping)

"A few mal adjusted's with blood shot eyes serf the web, the remainder sleep at their desks."

BullyDog's picture

Remember to spread your bets on the butter group.   



SoilMyselfRotten's picture

The SEC will be right on this but first has to put the finishing touches on its circa 2001 airline put investigation

Took Red Pill's picture

Insider trading and nothing will happen to anyone involved. SEC is a joke!

MrBoompi's picture

We have to remember insider trading is legal for our totally honest Congress to engage in.  

SoilMyselfRotten's picture

Right? Insider trading is legal. Propaganda is legal. Bombing countries with no declaration of war is legal. Eavesdropping on your entire populace is legal. Killing your own citizens without a trial is legal. And that's just gettin started, what an effed up place we've become.

CuttingEdge's picture

All those jobs shipping east from the UK and Holland to Poland.

Thank you Uncle Warren.

You Cunt*


*(note the capital C - saved for only the most despicable in society)

vq1's picture

1984 had real impact on me when I read it in high school.

"damn, I thought, what a nightmare, Im so grateful"

Now I live in my own worst-nightmare, dystopian timeline


From an existential perspective its very interesting. Not so enjoyable Im afraid. Thanks for your comment. What makes my dystopia especially mind-numbing is the fact that so many people seem to enjoy it. 

JRobby's picture

A birthright so to speak as they have sold their souls 8 to 10 times by the time they make it to a seat (at the table) in CONGRESS.


cossack55's picture

Don't think it is even possible for those assbags to watch moar porn

gigadeath's picture

Illegal merger? You short on cash there Kerry? Whats wrong? You cant ask your fellow bonesmen to spot you?

SoDamnMad's picture

Yes, we are right on it. We just finished talking with Nancy Pelosi, Mitch McConnell and Harry Reid.

hotrod's picture

who own those call options through a shell company.

Arnold's picture

The Critters have their perks

Elisia Cummings and Maxine Waters hope their broker caught it in time.

JRobby's picture

Processed crap foods and cleansers that give you cancer and destroy your endocrine and immune systems, YUM!!!!

bowie28's picture

How sickening is it when you go to the supermarket and see the typical sheeple family with a shopping cart full of processed pseudo-food, "diet" soda, chips & sugary snacks - and not a single fresh fruit or vegetable?  And they wonder why they're all diabetic and obese including their 9 year-old kid... 

JRobby's picture

They suck the healthcare system dry starting at a young age.

I see people that I estimate (hard to do because of the sickly glow) to be in their early 30's that can barely WALK

I haven't been to a doctor in 7 or 8 years other than blood work.

Luckily, if you do not check "the healthcare coverage box" on your tax return for 2016, your return will be accepted unlike the past 2 years. TRUMP!!!!

vq1's picture

Ah, you know my favorite thing about grocery shopping in late-stage capatilism? 


I pay extra for a normal, unmolested tomato because its "organic" 

dlfield's picture

Probably SEC people reviewing the proposal who bought all those Calls and Puts...

bowie28's picture

Probably just some congressmen and senators and they're exempt so nothing to see here...


Jack Offelday's picture

You'd think the "in the know" option traders would short some put options so it wouldn't look so OBVIOUS.

max_leering's picture

why would the SEC harm or even investigate the folks who totally own them?... it's rigged completely


keep stackin' 

NoWayJose's picture

We can't tell who bought this shit but we can come up with transcripts of Flynn's telephone calls?

JRobby's picture

That comment right there is "RIGHT ON THE MONEY"

LawsofPhysics's picture

+1000, look over here, not over there...

bowie28's picture

Yea, seems Schumer's warning was right on the mark.  Interesting to see the story of a war between Trump and IC going mainstream.  Still waiting for the Donald to make his move. 

JRobby's picture

It is being planned.

Flynn's "episode" was designed from the start to draw some enemies out of hiding. Charges for leaking confidential information and others coming right up.

bowie28's picture

Yea I was thinking the same thing.  Trump gave up on Flynn too easily for it to be anything but a tactical move.  And Sessions being silent since confirmation indicates he is working on some good stuff.  Going to get interesting pretty soon I think (and hope).

JRobby's picture

"There Will Be Blood"


Where are the Trolls today? Maybe they heard something on the radio yesterday or this AM perdicting that Soros will have a bullet in his head within 6 months or less? I sure heard it. A profound sense of relief came over me.

LawsofPhysics's picture

Economically speaking, it's a damn fine time to be a merc.

vq1's picture

imagine if sigint was used actually used to fight crime? We would live in a beautiful country. 


Maybe its not worth it to dream. 

LawsofPhysics's picture

Just normal "market" action... our ongoing "mark to fantasy" world.

Stan Smith's picture

Apparently going for cornering the "Entire Consumer Products" market.

walküre's picture


Zero-risk bias's picture

resistance is futile. buy moar.

Cash Is King's picture

EIGI another (less explosive) example of the BS that's now considered "normal!" The day before & the day of earnings (still a miss) stock jumped over 10% on a revenue beat. I guess that was just luck for those who bought 4 times avg. trading vol. SEC & midget porn, doing Gods work! Nice job MJW!

yogibear's picture

Buffet and Munger salivating at the deal.


Ban KKiller's picture

SEC is to protect special intersts, not the public's. Are we clear? White was a least we know who the enemies are.

JustPastPeacefield's picture

Give the SEC a break. They try to do their job, they really do, but the porn has been so good lately.

The Count's picture

If anybody thinks buffet is better than Soros, they would be dead wrong. The only difference is that Buffet has an excellent PR company portraying him like some kind of jolly santa-like character. This guy is about to control a big portion of the west's food production and distribution if the merger goes through.

Pigeon's picture

Exactly right. Both want to further enslave the peasants. And they have both been greasing the govt skids for years to get that done. Fundamentally transforming America. And you wonder why Obama was elected and why Rs do nothing.

wide angle tree's picture

Because I am now at war with the corporate piggies spending on the Kraft brands may approach zero.

Tom Green Swedish's picture

Normally they find who executed these trades and prosecute. Why would anybody be so stupid.