Iran

Now, most of you know what happened to the oil prices, and where that lead us. Now multiply that by 10, and you will have a pretty good picture of the economy we will have IF, yet another time, a dark side of that what constitutes Humanity wins.

Developing story from BNO. Quotes state media reports.

Options on Light Sweet Crude Oil Futures rank among the more obscure (and illiquid) instruments you can actually trade.  Derivative^2's aren't exactly the sort of investment you would expect amateurs to trade (or even recognize), in fact.  Actually, it's hard for even pros to find.  (Try pulling it up on your Bloomberg if you don't already know the symbol).  Why then has (have) someone(s) been accumulating November $100 calls (which expire in just over 30 days) in quite some size?  Just a quick look at even incomplete volume data easily shows 70,000 calls changing hands over the last 30 days, half of them in the last two weeks and 12,595 on Wednesday.

For all curious about events in Iran who have access to Twitter, especially now that western journalists have all been deported, please follow persiankiwi

Some of his most recent tweets below:

khamenei website is back online - waas hacked before - #Iranelection
2 minutes ago from web

were attacked in streets by mob on motorbikes with batons - firing guns into air - streetfires all over town - roads closed; #Iranelection
4 minutes ago from web