More on the Euro

Something is fishy here. Yesterday my exact words were, "Someone knows something we don't", 3C showed the selling in UUP and buying in the Euro. Thanks to  member email and video this morning, we received confirmation of what 3C was showing in both UUP (the $USD ETF) and FXE (the Euro ETF).

Whoever sold those UUP calls which were at a profit, must have had some deep pockets as the size of the  trade was huge, big enough to pop up on the OptionsMonster's radar and big enough for them to cover it.

Usually if a big position is being moved around, it is done so quietly so price doesn't go against your trade. As mentioned earlier, whoever had pockets deep enough to sell the UUP calls, would certainly be big enough to be in the loop and therefore, "Know something that we don't".

Selling those calls in the manner they did suggests 1 of 2 things, they either wanted the market to notice or they were so desperate to sell them that they didn't care if the market noticed.

In terms of market hours, it's only been several trading hours since the calls were sold and the ECB/Greek news came out-(again, "Someone knows something we don't"), the timing is beyond coincidence in my opinion.

Now the question in my mind is this, someone apparently did know something we didn't-the ECB news about Greece, but the trade doesn't make sense in light of the news, so now I'm wondering, "What is the rest of the story?" What is the punchline? What is it that someone knew that we don't?

Again, it's not adding up, I still suspect (more then ever) that there's more to this story then what we've heard thus far.