hey mister, can you spare some loose change?

quick question - who said this?

After September 11, 2001, there was a great deal of speculation that the terrorists or their associates had traded in the option market on advanced knowledge of the impending attacks. This paper generates systematic information about option market activity that can be used to assess the option trading that precedes any event of interest. Examination of the option trading leading up to September 11 reveals that there was an unusually high level of put buying. This finding is consistent with informed investors having traded options in advance of the attacks.

alex jones? those dipshit filmmaker geeks?

nope. allen m. poteshman, associate professor of finance at the university of illinois.

this is according to a study that he has published, which i intend to read in full. i encourage anyone with more extensive knowledge of the stock market to read it in full and comment as well.