Notes
Bulls reclaimed the 200-day SMA with authority today.
$SPY | $QQQ

Take another example.
Before Trump announced a pause on 04/09, there was HUGE $QQQ volume on a 460C expiring 04/17.
They were bought for $0.85 and ran to as high as $31 per contract!!! This was before any news.
Later in the day, it rallied 2000% in ten minutes.
The trader made millions.
Why was this unusual? For a few reasons:
- Firstly new opening volume on chain, minutes after market open
- IVR of +80 on $QQQ, with iv percentile of medium. So vol wasn’t anticipating a move this big
- All execution happened at once, at ask
- This was wildly out of the money at the time
- Market was bearish, across the board

On April 9th, you can see before Trump posted "buy" on Truth Social, traders opened $QQQ $TQQQ and $SPY calls.
RIGHT BEFORE THE NEWS, someone opened $SPY 509 calls, expiring that day!
Those calls were up 2100% in one hour.
You can see all volume was literally opened that day. You can see all volume was new opening volume (not only on the Zero days, but also on the weekly $QQQ and $TQQQ calls).




Can’t believe someone closed out millions in $QQQ covered calls just minutes before US/China news broke…..
If only there was a way to track these big moves before they happened….
@unusual_whales 🐳🎯
Look at this.
Just before news of China and US talks being leaked, there were huge unusual buys of $QQQ $485C expiring 05/09/2025 contracts being closed.
This has happened again and again before China tariff news, with our traders like @TheBronxViking noticing.
The market rallied after it was leaked.
The contracts made large gains.
Unusual.

I want you to understand how unusual the moves were this month.
Before Trump announced a pause, there was HUGE $QQQ volume on a 460C expiring 04/17.
They were bought for $0.85 and ran to as high as $31 per contract!!! This was before any news.
Later in the day, it rallied 2000% in ten minutes.
The trader made millions.
Why was this unusual?
For a few reasons:
- Firstly new opening volume on chain, minutes after market open
- IVR of +80 on $QQQ, with iv percentile of medium. So vol wasn’t anticipating a move this big
- All execution happened at once, at ask
- This was wildly out of the money at the time
- Market was bearish, across the board
Unusual.

BREAKING: Economic Advisor Hassett has said: there was no insider trading at the White House.
Meanwhile, here are some unusual tariff trades nearly perfectly timing the news:
Yesterday there was an absolute FLURRY of insanely timed trades in $SPY and $QQQ. In this vid, @snorlax_uw breaks them down.
All were discussed LIVE in the @unusual_whales Discord well BEFORE the 90-day tariff pause announcement.
They made millions.
0:00 Intro and Context
1:00
I want to show you one of the biggest unusual plays this week.
You can see before Trump posted "buy" on Truth Social, traders opened $QQQ $TQQQ and $SPY calls.
RIGHT BEFORE THE NEWS, someone opened $SPY 509 calls, expiring THAT DAY!!!
Those calls were up 2100% in one hour.
They made millions.
You can see all volume was literally opened THAT DAY!!! (That little green arrow). You can see all volume is new opening volume (not only on the Zero days, but also on the weekly $QQQ and $TQQQ calls). This is especially odd given IVR on these was around 82 this morning, with IV through the roof. The traders really wanted to trade directionally...
In fact, using Unusual Whales' net premium, you can see people have been loading calls trading for a reversal, following these opening calls.
Unusual.




I want to show you one of the biggest unusual plays this week.
You can see before Trump posted "buy" on Truth Social, traders opened $QQQ $TQQQ and $SPY calls.
RIGHT BEFORE THE NEWS, someone opened $SPY 509 calls, expiring THAT DAY!!!
Those calls were up 2100% in one hour.
They made millions.
You can see all volume was literally opened THAT DAY!!! (That little green arrow). You can see all volume is new opening volume (not only on the Zero days, but also on the weekly $QQQ and $TQQQ calls). This is especially odd given IVR on these was around 82 this morning, with IV through the roof. The traders really wanted to trade directionally...
In fact, using Unusual Whales' net premium, you can see people have been loading calls trading for a reversal, following these opening calls.
Unusual.




This week we saw numerous unusual market news
Before Trump announced a pause, there was HUGE $QQQ volume on a 460C expiring 04/17.
They were bought for $0.85 and ran to as high as $31 per contract!!! This was before any news.
Later in the day, it rallied 2000% in ten minutes
The trader made millions.
Why was this unusual? For a few reasons:
- Firstly new opening volume on chain, minutes after market open
- IVR of +80 on $QQQ, with iv percentile of medium, so vol wasn’t anticipating a move this big
- All execution happened at once, at ask
- This was wildly out of the money at the time
- Market was bearish, across the board
- Zscores on this opening weekly $QQQ HIGHLY suspicious!
Someone always knows.

Good night to everyone:
Good night to everyone:
Just broke down numerous of these trades on the Unusual Whales Youtube, including a trader making $10 million in one day, on his $600 calls on $SPY.
You can see the Youtube vid here:
The US Treasury Secretary was asked about the stock market today, and he said: "I don't see anything unusual today".
My question, US Treasury Secretary, is what about yesterday and people trading before tariff pauses.
Yesterday was very unusual: