ANOTHER "coincidence"!!! Someone knew on the 17th of July that something is going to crash the #Crowdstrike stock so they used a put option on the it, which means they were able to sell the stock at the price before it crashed.
Amazing investigative journalism by @JoshWalkos (X)

"On Wednesday, July 17, 2024, an unusually large block of put contracts for CrowdStrike was purchased, valued at approximately $2.3 million, just 2 days before the outage that caused network failures worldwide and grounded planes.

These contracts had a strike price of $370 per share and were set to expire in 184 days (January 17, 2025). The premium spent on this trade was 7.22 sigmas above the mean, placing it in the 100th percentile of all recent large trades in CrowdStrike optionally . This level of sigma indicates an exceptionally rare event

The timing of the outage on a Friday is particularly noteworthy, as it allowed the news to spread over the weekend, giving investors and analysts time to assess the situation before markets reopened on Monday, July 22. The weekend gap likely contributed to the continued decline in stock price when trading resumed, with the stock falling an additional 13% on that Monday."

To those who questioned my experience and credentials, here's my CISSP certificate. Yes, I've been a Certified Information Systems Security Professional for 20 years, and I've been working in the field since the age of 18 (serving in the IDF), after being a hacker in my youth.

PS
I've posted the above on X, after endless "professionals" claimed I am a fraudster and I don't know what I'm talking about with regards to the #Crowdstrike event.

https://x.com/eh_den/status/1815872197396947402