Sept 10, 2019
Unknown trader(s)
Prior knowledge of China tariff concessions & Trump delay
Bought 82,000 S&P 500 E-mini futures near close
Gained an estimated ~$200 million as S&P jumped ~47 points on 9/11 after positive tariff news .
Apr 3-4, 2025
Rep. Marjorie T. Greene (R-GA)
After Trump’s tariff announcement tanked markets (insider confidence of rebound)
Bought up to $285k in 17 beaten-down stocks (Apple, Amazon, Lululemon, Dell, RH, etc.)
Tech stocks rebounded 15% on tariff pause news a week later (significant short-term profits on paper).
Apr 8-9, 2025
Rep. Marjorie T. Greene (R-GA)
Prior to Trump’s 90-day tariff pause announcement
Bought up to $315k in 19 stocks (incl. Apple, Tesla, Nvidia) in 21 trades
Markets surged 12% hours late , yielding substantial gains. Greene denies directing trades .
Apr 9, 2025 (1:00 pm ET)
Unknown trader(s)
Minutes before Trump’s 1:18 pm tariff pause post (immediate advance knowledge)
Bought 5,105 SPY call options (S&P 500 ETF, strike ~$502) at ~$4.20 premium
Position value jumped from ~$2.14M to ~$21.4M that afternoon
Apr 9, 2025 (1:10 pm ET)
Unknown trader(s)
Minutes before Trump’s post
Bought SPY call options (strike ~$509) at ~$2.14 premium
Value rose from ~$624k to ~$10M by day’s end ($9.4M profit) .
Table sources: Carl Icahn trade ; 2019 “chaos trades” ; Greene’s 2025 trades ; April 2025 options trades .
“I didn’t know anything,” Icahn claimed. He just happened to sell his entire position days before it tanked. He hadn’t traded Manitowoc in years.
“You can’t prosecute a hunch. But you can smell when something’s rotten.”
– Former SEC official, off-record