I just watched the internet phenom Loose Change and have looked up some of their “facts” to see that many have holes that you could drive a truck through . I have not seen the American Airlines put options between September 6th and 10th tidbit addressed. Did put options increase during this time and if so why?
False, according to Snopes. There was some trading activity in the shares of American and United, but the sources of the trades were investigated and found not to have any connexion with al-Qaeda.
Snopes say no ultimately although some of the types of trading claimed did happen for other reasons.
What month contracts are you looking at?
You’re probably thinking that ‘someone’ knew about Sept. 11 and either shorted AMR or bought put options.
Loose Change is a bunch of absolute nonsense. Taking anything in that misbegotten piece of trash seriously is a mistake. Here is a much longer page on the subject, which takes the video apart piece by piece.
That is what the film alleges, yes. It’s a conspiracy theory documentary that I had read about a couple of places. So I watched it from soup to nuts knowing that it was filled with factual errors. This is one thing that I had not seen addressed anywhere and forgot about Snopes.