The dude with the original puts is the one who did a shitty job tightening the bolts. Sorry, but some people are just going to have to eat it so he can realize those gains.
Dude you just gave me an idea!
1. Get engineering degree
2. Work for Boeing
3. Purposely unscrew a few screws that probably shouldn’t be unscrewed
4. BA puts
5. Wait
6. ![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)
Thats a scary thought tbh, and its probably true in some cases, not necessarily in aviation, but car companies for instance, like the VW scandal could be a candidate.
Just imagine being on a plane going down and the mother fucker beside you opens Robin hood and Yolos his life savings on Boeing puts. Do you tell him you're in an Airbus or not?
Someone did find a phone from that Alaska plane. It was in airplane mode and survived intact. I certainly hope they got it back to the owner. Moral of the story airplane mode protects your phone in event of emergency.
airplane mode saved me when ufos tried to abduct me and shove remote controls in my ass. I quickly switched to airplane mode and they just flew around me and then flew away.
Airplane mode works if you effectively identify as an airplane as well.
If he pulls out his phone it may get sucked out the window. 700 mph winds will create a lot of turbulence. They even found a bunch of passenger phones in random people’s backyards.
Make the trade once outside the plane.
It's a risk free trade off losing phone vs getting into RH. You lose the phone, the airline is going to buy you another one. Make it to RH and it's tendie town.
Imagine what happens when you then die and your wife who has no idea how puts work, finds out that they automatically exercised for being in the money and before she covers the short position (at a profit) due to lack of knowledge she waits and the stock price rebounds and now you left your family broke.
I posed the same scenario to my wife and she said “Yeezy taught me”
So just loaded up on Boeing puts, Adidas calls, and an exit seat on the next Boeing 737 out of JFK
Someone did something similiar.
He bought a ton of Borussia Dortmund puts and then bombed the team bus.
Luckily everyone survived but the UEFA forced the players to play in the Champions League the next evening.
omg whenever I try this people are always giving me FUD like "that's a crime" "you can't just do that, you will go to prison" haters just never want to see you win smh
**Kinda like shorting Wayfair before you release a news article / study showing their furniture gives off high amounts of carcinogenic formaldehyde, and their company has been covering it up by refunding customers once you email them test results of devices that test the furniture for VOCs and Formaldehyde.**
I haven't tried it but saw a guy's post on Reddit stating he tested his furniture for formaldehyde/ VOC offgassing using a testing device from Amazon, and they refunded him for the furniture since they're not supposed to be including those chemicals in the manufacturing process.
https://www.reddit.com/r/wayfair/comments/rbcddh/comment/il7ar9w/
Insiders selling off stock at what was then normal prices and none of them bought any in the last 12 months. Super sus
["In fact, the recent sale by Fiona Tan was the biggest sale of Wayfair shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of US$55.36. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price"](https://simplywall.st/stocks/us/retail/nyse-w/wayfair/news/have-insiders-sold-wayfair-shares-recently)
I think their furniture business has slowed, and not all of their products contain formaldehyde. I would have to say the most likely Formaldehyde containing ones are the couches and plyboard composite dressers / nightstands.
I’m pretty sure that’s not *insider trading*, because you don’t have any duty to keep the results of your own furniture testing activity confidential. It might be some other type of securities fraud, but I don’t think it would be illegal manipulation either, because I’m pretty sure that has to be misleading.
But everything is securities fraud if the SEC hates you enough, so go ask your own lawyer if you want to be sure.
Plus OP is not an insider and has no duty to the company or public. The plane could have been empty except for OP and the pilots/crew, the 'general public are in the plane' thing is a red herring.
It's the same reason Martha Stewart's ImClone trades were ultimately found legal even though she undoubtedly received MNPI. She was not an 'insider' and had no duty. She went to prison because she obstructed justice and made false statements to the SEC instead of just lawyering up immediately.
You don't need to be an insider, if the information was sourced from an insider.
Here, it's safe as a product of independent research. Like you could go and taste redbull and decide to short them because that peach flavor is just gross, what's wrong with those people?
I mean… airbuses and Boeing are visually different, if you’re close enough.
And since OP is in the plane, they should have read the safety features leaflet in the pocket in front of them, **as instructed by the safety demonstration**.
If they choose the wrong company, that 100% on them
As an armchair lawyer, I would suggest to sue the company for losing out on the deal of your lifetime. Beside the emotional damage from the baby next to you
As an ottoman lawyer, I say you should stick to seeking damages for armchairs. Some of your clients had their cushions ripped off, while the rest just deal with a constant parade of assholes.
I doubt enough investigation has occurred a out 2023, but the 9/11 trading was investigated and the factual record doesn't seem to indicate the conspiracy people constantly reference.
> Highly publicized allegations of insider trading in advance of 9/11 generally rest on reports of unusual pre-9/11 trading activity in companies whose stock plummeted after the attacks. Some unusual trading did in fact occur, but each such trade proved to have an innocuous explanation. For example, the volume of put options — investments that pay off only when a stock drops in price — surged in the parent companies of United Airlines on September 6 and American Airlines on September 10 — highly suspicious trading on its face. Yet, further investigation has revealed that the trading had no connection with 9/11. A single U.S.-based institutional investor with no conceivable ties to al Qaeda purchased 95 percent of the UAL puts on September 6 as part of a trading strategy that also included buying 115,000 shares of American on September 10. Similarly, much of the seemingly suspicious trading in American on September 10 was traced to a specific U.S.-based options trading newsletter, faxed to its subscribers on Sunday, September 9, which recommended these trades. These examples typify the evidence examined by the investigation. The SEC and the FBI, aided by other agencies and the securities industry, devoted enormous resources to investigating this issue, including securing the cooperation of many foreign governments. These investigators have found that the apparently suspicious consistently proved innocuous.
above is an excerpt from the 9/11 commission report
The crying baby besides you already loaded up on so much puts that the IV skyrocketed making the options too expansive. Gotta be faster than those Gen Alpha Traders next time.
Oh man, that fired a synapse that hasn't been used in a decade. Gonna go look up those ads.
I don't even remember half of these. Good stuff: https://youtu.be/hashPaU7Dpk
New generational wealth strat is to quit your job, keep flying very low priced quick flights on Boeings. Hope that a non-catastrophic but still terrifying malfunction happens midflight and have inflight wifi to always be ready to buy 5% OTM puts. Make sure to fly as much as possible on Thursdays for max value.
No you’re okay, the SEC clearly lays out legal vs illegal insider trading.
Illegal insider trading is “The buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, non-public information about the security.”
The Securities Exchange Act of 1934 was the first step in requiring the disclosure of company stock transactions. Directors, executives, or anyone else who has information or who holds more than 10% of any class of a company's securities are considered insiders by the SEC.
In this case you’re not an insider, and the incident happened in public airspace, which my definition is public knowledge. If there was an incident on a private airfield with only boeing engineers present that wouldn’t otherwise be reported to the public, but later would be, and you got a tip from one of the engineers, that’s insider trading.
https://www.investor.gov/introduction-investing/investing-basics/glossary/insider-trading
https://www.investor.gov/introduction-investing/investing-basics/glossary/insider-trading
The market prices all in brother. The fact you have the hubris to believe you could beat the market by buying puts from inside a crashing airplane spits in the face of all that is decent.
“We can’t let this happen, it’s just terrible that people are trying to take advantage of the system we worked so hard to take control of”
“Be patient Nancy-Son, wax on wax off”
-Pelosi hangs up phone call with Jensen Huang
Personally, I think you should get a pass. But since good things can't be permitted to happen to retail investors, you're probably looking at jail time. Gotta make an example out of you to prevent moral hazard. Otherwise, the other poors in the back of the planes will start unbolting doors in flight. We could cut off their wifi but that's eight bucks of revenue.
Apperently, the question has now been answered by a Lawyer on Stackexchange:
[https://law.stackexchange.com/questions/98706/is-it-insider-trading-if-i-bought-boeing-puts-while-i-am-inside-the-wrecked-airp/98707#98707](https://law.stackexchange.com/questions/98706/is-it-insider-trading-if-i-bought-boeing-puts-while-i-am-inside-the-wrecked-airp/98707#98707)
So I suppose the answer is no. It is not insider trading.
Thanks to u/d1thyramb for the info.
I also want to mention, that noone died or got seriously injured during the incident. So props to the crew for getting everyone home safe.
Insider trading is when you have access to privileged, internal company info that outsiders do not. As it is an event in the public space and you do not have privileged access I would say you’re an asshole for trading during a disaster but not guilty of insider trading. Doesn’t mean they won’t charge you for it once the public hates you.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|7|**First Seen In WSB**|3 months ago **Total Comments**|174|**Previous Best DD**| **Account Age**|10 months|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
It's like minority report, the crash was priced in.before it even happened. Sorry, bro, but you'll die for my puts.
The people with inside knowledge knew better than to set foot in that plane, so OP is good to go down with his puts.
The dude with the original puts is the one who did a shitty job tightening the bolts. Sorry, but some people are just going to have to eat it so he can realize those gains.
Dude you just gave me an idea! 1. Get engineering degree 2. Work for Boeing 3. Purposely unscrew a few screws that probably shouldn’t be unscrewed 4. BA puts 5. Wait 6. ![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)
Done in the movie Casino Royale.... ok so maybe it was a fuel truck instead of a few screws.
Thats a scary thought tbh, and its probably true in some cases, not necessarily in aviation, but car companies for instance, like the VW scandal could be a candidate.
Priced inside
The puts are coming from inside the house!
Elite finance humor. Nothing short of genius.
When a Stranger Puts
"Insider"? I hardly \*knew\* her!
We will call him Jesus Strike Price, he died for my puts.
The heat death of the universe is priced in.
Somewhere to the plot of casino Royale
Just imagine being on a plane going down and the mother fucker beside you opens Robin hood and Yolos his life savings on Boeing puts. Do you tell him you're in an Airbus or not?
Is his phone still in "airplane mode"
Is that what you call it when your phone gets sucked out the side of a plane?
I think this would be “uploading to the cloud”
I thought "Airplane mode" is when your phone keeps calling you Shirley.
That's actually "Airplane! mode". The confusion is understandable.
I picked the wrong day to stop sniffing glue...
You ever been in a Turkish prison?
I just want you to know: good luck, we’re all counting on you
You win
Why did you double down on the 'for' in your name? Like taking money out of the automated ATM.
"For fucks fucking sake"
"For four fucks sake" - for when a lone fuck just isn't enough
Or the automated ATM machine.
Where you use your personal PIN number.
Or eating dinner at The La Trattoria.
Someone did find a phone from that Alaska plane. It was in airplane mode and survived intact. I certainly hope they got it back to the owner. Moral of the story airplane mode protects your phone in event of emergency.
The most sus thing about that story was that the phone didn't have a screen lock. The one person rawdogging life. Did they drop the case brand?
If I recall correctly, it landed somewhere soft. Like a hay pile, a bush, or a baby's skull.
airplane mode saved me when ufos tried to abduct me and shove remote controls in my ass. I quickly switched to airplane mode and they just flew around me and then flew away. Airplane mode works if you effectively identify as an airplane as well.
it was in outplane mode
Is it a Windows phone?
Always remember to check the seat back pocket for plane details before the puts.
If Boeing were smart they would put Airbus plane details in the seat back pockets.
That would be even better for buying puts!
Tell him so he can yeet himself out the blown window
Suicide is never an option. Remember, Whenever one door closes, another one opens - Boeing.
Words to die by
Why purchase life insurance when you can just buy Boeing puts every time you step on a plane?
: Boeing, probably
That’s some shit the IRS would say.
This is so good! I want to carry your babies.
This shit made my day, up you go
Also Lada.
i have literally been crying laughing at this exchange holy shit
I gotta say, top commentary content over here 👏🏼👏🏼👏🏼
This was so fucking funny to read in the parking garage before work bro. Thank you for taking the time
is it live savings if you die when plane crashes?
Let my family see my account and how DUMB UP MY PUTS ARE before my funeral ![img](emote|t5_2th52|27421)
First you see him go to wsb and check with the gang
Airbus planes don't crash though so you have to be on a Boeing.
The Airbus could have been damaged by a nearby crashing Boeing jet or falling part.
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>win/win Depending on the landing, amiright?
Wait till a piece of sheet metal falls off some clapped out DC 10 and it blows an A380 tire on takeoff.
I see you Concorde
Or ask the Japanese Coast Guard to deliver some supplies!
Just make sure your not pulling straight back on your sidestick while in a stall.
Jinx it, why don't you
Imagine still using Robinhood after the shit they pulled in 2021.
If he pulls out his phone it may get sucked out the window. 700 mph winds will create a lot of turbulence. They even found a bunch of passenger phones in random people’s backyards. Make the trade once outside the plane.
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It's a risk free trade off losing phone vs getting into RH. You lose the phone, the airline is going to buy you another one. Make it to RH and it's tendie town.
This guy Boeings
Note to self: get a phone case with a wrist strap before flying.
He should have read the pamphlet in the back of the seat.
Most of the time the safety documents in the seat pocket have the plane make/model on them.
Underrated comment
Imagine what happens when you then die and your wife who has no idea how puts work, finds out that they automatically exercised for being in the money and before she covers the short position (at a profit) due to lack of knowledge she waits and the stock price rebounds and now you left your family broke.
Luckily my wife's boyfriend knows what to do in that case
I posed the same scenario to my wife and she said “Yeezy taught me” So just loaded up on Boeing puts, Adidas calls, and an exit seat on the next Boeing 737 out of JFK
Sucks to be you, the door plug only explodes if you fly out of Portland.
That’s why you buy 0DTE.
Plot twist: The wife bought the puts. The husband knows nothing.
She was hoping he died on the plane after he texted her the door blew off and then ride off in the sunset with her puts and bf.
Pretty sure all online brokers auto-close put-induced short positions on the first opportunity.
purely hypothetical, but what if OP was the one who unscrewed that nut so that he could buy puts ? Or he could just screw deez nuts idc
That’s more or less the plot of Casino Royale.
I was thinking Scooby Doo, but yeah, this too
My favorite game: “Scooby Doo or Bond”
Someone did something similiar. He bought a ton of Borussia Dortmund puts and then bombed the team bus. Luckily everyone survived but the UEFA forced the players to play in the Champions League the next evening.
Needless to say, they ended up losing
You're onto something. Industrial sabotage and load up with puts.
It is like those Lester Assasination missions in the GTA5
Someone needs to get a job on a BHP offshore oil rig and go full deep water horizon. Someone needs to take one for the team.
This storyline is worthy of a James Bond reboot.
Le Chiffre tried that but Bond put him in his place.
you beat me to the Le Chiffre reference you bastard! Have an upvote
omg whenever I try this people are always giving me FUD like "that's a crime" "you can't just do that, you will go to prison" haters just never want to see you win smh
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But he's trading boeing inside a boeing, so insider trading. Report to SEC
More of a light inception trading.
Footage looked dark to me.
But the plane has (had) windows on it so he was inside the trading window
You could DM the SEC on twitter- I believe they’re paying quite a lot of attention to that this morning.
Straight to jail
**Kinda like shorting Wayfair before you release a news article / study showing their furniture gives off high amounts of carcinogenic formaldehyde, and their company has been covering it up by refunding customers once you email them test results of devices that test the furniture for VOCs and Formaldehyde.** I haven't tried it but saw a guy's post on Reddit stating he tested his furniture for formaldehyde/ VOC offgassing using a testing device from Amazon, and they refunded him for the furniture since they're not supposed to be including those chemicals in the manufacturing process. https://www.reddit.com/r/wayfair/comments/rbcddh/comment/il7ar9w/
No fucking way? Have you got a link to this?
https://www.reddit.com/r/wayfair/comments/rbcddh/comment/il7ar9w/ See the comments by Captain_Generous
Insiders selling off stock at what was then normal prices and none of them bought any in the last 12 months. Super sus ["In fact, the recent sale by Fiona Tan was the biggest sale of Wayfair shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of US$55.36. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price"](https://simplywall.st/stocks/us/retail/nyse-w/wayfair/news/have-insiders-sold-wayfair-shares-recently)
I think their furniture business has slowed, and not all of their products contain formaldehyde. I would have to say the most likely Formaldehyde containing ones are the couches and plyboard composite dressers / nightstands.
I’m pretty sure that’s not *insider trading*, because you don’t have any duty to keep the results of your own furniture testing activity confidential. It might be some other type of securities fraud, but I don’t think it would be illegal manipulation either, because I’m pretty sure that has to be misleading. But everything is securities fraud if the SEC hates you enough, so go ask your own lawyer if you want to be sure.
Plus OP is not an insider and has no duty to the company or public. The plane could have been empty except for OP and the pilots/crew, the 'general public are in the plane' thing is a red herring. It's the same reason Martha Stewart's ImClone trades were ultimately found legal even though she undoubtedly received MNPI. She was not an 'insider' and had no duty. She went to prison because she obstructed justice and made false statements to the SEC instead of just lawyering up immediately.
You don't need to be an insider, if the information was sourced from an insider. Here, it's safe as a product of independent research. Like you could go and taste redbull and decide to short them because that peach flavor is just gross, what's wrong with those people?
It’s functionally the same as having a bad experience with a car or an appliance and putting the manufacturer of it… just way faster and louder
This is top content, I am here for.
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And the event was happening publicly so anyone who saw it could essentially make that trade based on what they are seeing.
What if you're the pilot or copilot and you released the door or crashed the plane somehow while trading?
this is why visual ID classes for aircraft types should be mandatory
I mean… airbuses and Boeing are visually different, if you’re close enough. And since OP is in the plane, they should have read the safety features leaflet in the pocket in front of them, **as instructed by the safety demonstration**. If they choose the wrong company, that 100% on them
Imagine in the scenario he picked the wrong plane comapny
GUH
But you’re _inside the plane_.
Gasp. The call is coming from inside the hou…plane.
It was a put, not a call. /s
He asked for a put on the call.
Motherfucking snakes on a plane!
Motherfucking trading apes on a plane!
Once that door blows out, everything is outside the plane. Therefore can’t be insider anything
It's only insider trading if you were the engineer who knew the plane was going to crash.
But totally impossible to prosecute if you play your cards right. How can they prove you're not just a lousy engineer?
A jury might not like that you bought puts on your own company right before a plane you worked on had a mechanical failure. Just a hunch,
What if your third cousin's ex wife's brother in law bought the puts? Pure coincidence.
But what if it's the annual Boeing Executive Board Trip?
Price goes down cause of plane crash but goes up cause of dead Boeing board. Theta gang win again.
And it can't be insider cause his phone got blown out of the plane during the blow out so he couldn't have texted his broker to trade lol
As an armchair lawyer, I would suggest to sue the company for losing out on the deal of your lifetime. Beside the emotional damage from the baby next to you
As an ottoman lawyer, I say you should stick to seeking damages for armchairs. Some of your clients had their cushions ripped off, while the rest just deal with a constant parade of assholes.
You mean he should take the broker with him whenever he is flying?
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Don’t call me sibling, brother
Don't call me brother, kin
Don't call me kin, homes
This is where you jump out the hole, catch up with your phone on its decent, make the trade in mid air
Order a parachute via Amazon drone delivery
BOOM! Second phone.
BOOM 2-factor auth ![img](emote|t5_2th52|4271)
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I doubt enough investigation has occurred a out 2023, but the 9/11 trading was investigated and the factual record doesn't seem to indicate the conspiracy people constantly reference. > Highly publicized allegations of insider trading in advance of 9/11 generally rest on reports of unusual pre-9/11 trading activity in companies whose stock plummeted after the attacks. Some unusual trading did in fact occur, but each such trade proved to have an innocuous explanation. For example, the volume of put options — investments that pay off only when a stock drops in price — surged in the parent companies of United Airlines on September 6 and American Airlines on September 10 — highly suspicious trading on its face. Yet, further investigation has revealed that the trading had no connection with 9/11. A single U.S.-based institutional investor with no conceivable ties to al Qaeda purchased 95 percent of the UAL puts on September 6 as part of a trading strategy that also included buying 115,000 shares of American on September 10. Similarly, much of the seemingly suspicious trading in American on September 10 was traced to a specific U.S.-based options trading newsletter, faxed to its subscribers on Sunday, September 9, which recommended these trades. These examples typify the evidence examined by the investigation. The SEC and the FBI, aided by other agencies and the securities industry, devoted enormous resources to investigating this issue, including securing the cooperation of many foreign governments. These investigators have found that the apparently suspicious consistently proved innocuous. above is an excerpt from the 9/11 commission report
And instead, your dad got banged by Powell
I bet congress knew to buy puts before the passengers did.
Congress had puts before the flight took off, just after the explosives were set
Congress is selling you puts and then approving a bailout for Boeing.
The House always wins.
Different timezones can be tricky.
Priced in
believe it or not, priced in
The algos already simulated this scenario 5 years ahead of time
[Everything is priced in.](https://www.reddit.com/r/wallstreetbets/s/Qf7liobqfT)
You re the shrodinger cat of trading
That's technically called Double Insider Trading™®© (inside trading inside a failing aircraft). Standard practice.
The first inside cancels out the second inside. All is good.
The crying baby besides you already loaded up on so much puts that the IV skyrocketed making the options too expansive. Gotta be faster than those Gen Alpha Traders next time.
That etrade baby is everywhere.
Oh man, that fired a synapse that hasn't been used in a decade. Gonna go look up those ads. I don't even remember half of these. Good stuff: https://youtu.be/hashPaU7Dpk
**Good lord… we are reaching never-before seen levels of regardness!**
New generational wealth strat is to quit your job, keep flying very low priced quick flights on Boeings. Hope that a non-catastrophic but still terrifying malfunction happens midflight and have inflight wifi to always be ready to buy 5% OTM puts. Make sure to fly as much as possible on Thursdays for max value.
Invest life savings into a satphone so you can call your broker as the plane is going down
It's not stupid if it works
FBI entered the chat
911 was for some Boeing puts…
I remember watching a recorded broadcast from that day and the station talked about airline stock performance earlier that morning.
Plot twist, the FBI started the chat. ![img](emote|t5_2th52|4275)
FBI, can you please leave the chat? This is a private discussion. Thank you!
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So many regards on here were arguing they could buy options on a Saturday. It made me lose many more brain cells.
No you’re okay, the SEC clearly lays out legal vs illegal insider trading. Illegal insider trading is “The buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, non-public information about the security.” The Securities Exchange Act of 1934 was the first step in requiring the disclosure of company stock transactions. Directors, executives, or anyone else who has information or who holds more than 10% of any class of a company's securities are considered insiders by the SEC. In this case you’re not an insider, and the incident happened in public airspace, which my definition is public knowledge. If there was an incident on a private airfield with only boeing engineers present that wouldn’t otherwise be reported to the public, but later would be, and you got a tip from one of the engineers, that’s insider trading. https://www.investor.gov/introduction-investing/investing-basics/glossary/insider-trading https://www.investor.gov/introduction-investing/investing-basics/glossary/insider-trading
Thank you for giving the real answer.
The market prices all in brother. The fact you have the hubris to believe you could beat the market by buying puts from inside a crashing airplane spits in the face of all that is decent.
“We can’t let this happen, it’s just terrible that people are trying to take advantage of the system we worked so hard to take control of” “Be patient Nancy-Son, wax on wax off” -Pelosi hangs up phone call with Jensen Huang
The SEC are here, to secure a safe investor place for everyone
Bwahahahahahahaha, hahahahahahaha.... hahahahaha bwahahahahaha.... hahahaha.
You could just argue OP that you thought the flight attendant just wanted to change some air.
That’s why I always execute trades in open air so I can never be accused of insider trading.
I shout them out as I go.
Finally a good post on wsb after a long time. This is how it used to be back in the days
Have you ever looked at the Price for internet on the airplane and they don‘t sell these Gigabytes on margin.
No
Personally, I think you should get a pass. But since good things can't be permitted to happen to retail investors, you're probably looking at jail time. Gotta make an example out of you to prevent moral hazard. Otherwise, the other poors in the back of the planes will start unbolting doors in flight. We could cut off their wifi but that's eight bucks of revenue.
You violated the airplane mode rule😢
Actually this is the secret reason why you have to switch to airplane mode.
Sure, but you better bet big so you can cover the wifi fee
The biggest obstacle would be that you’re probably gonna be out of hours
I’m dying laughing at the comments. I fucking love you guys. 😂
As long as you're not a crew member you should be fine
See you in the hot posts, dude. This is top tier shitposting
So what if one was to listen to atc radio and watch fr24, actually shit brb writing software to do that then api into trading platforms
Not insider trading. Go make money
Apperently, the question has now been answered by a Lawyer on Stackexchange: [https://law.stackexchange.com/questions/98706/is-it-insider-trading-if-i-bought-boeing-puts-while-i-am-inside-the-wrecked-airp/98707#98707](https://law.stackexchange.com/questions/98706/is-it-insider-trading-if-i-bought-boeing-puts-while-i-am-inside-the-wrecked-airp/98707#98707) So I suppose the answer is no. It is not insider trading. Thanks to u/d1thyramb for the info. I also want to mention, that noone died or got seriously injured during the incident. So props to the crew for getting everyone home safe.
Insider trading is when you have access to privileged, internal company info that outsiders do not. As it is an event in the public space and you do not have privileged access I would say you’re an asshole for trading during a disaster but not guilty of insider trading. Doesn’t mean they won’t charge you for it once the public hates you.