09
May
2022
The 9-11 Commission found that the suspicious put options were purchased by a single U.S.-based institutional investor with no ties to Al-Qaeda.
The 9-11 Commission investigated the actual trades that were made, which constituted an unusually high load of put options, and found that this was the result of, quote, a single U.S.-based institutional investor with no conceivable ties to Al-Qaeda purchasing 95% of the United puts on September 6th as part of a trading strategy that also included buying 115,000 shares of American on September 10th.