“The symbol of all relationships among such men, the moral symbol of respect for human beings, is the trader. We, who live by values, not by loot, are traders, both in matter and in spirit. A trader is a man who earns what he gets and does not give or take the undeserved. A trader does not ask to be paid for his failures, nor does he ask to be loved for his flaws. A trader does not squander his body as fodder or his soul as alms. Just as he does not give his work except in trade for material values, so he does not give the values of his spirit – his love, his friendship, his esteem – except in payment and in trade for human virtues, in payment for his own selfish pleasure, which he receives from men he can respect. The mystic parasites who have, throughout the ages, reviled the traders and held them in contempt, while honoring the beggars and the looters, have known the secret motive of their sneers: a trader is the entity they dread – a man of justice.”

-Ayn Rand in Atlas Shrugged.

Last Tuesday June 13, 2017, I wrote the following on my blog, accessible to subscribers:

“10:06 am PST. I am liking WFM today. I think it could go to $38 by July. I am looking to buy July calls if it can close above 35.60. Watching.”

The reason I wrote this was because I started seeing heavy volume in the dark pool on Whole Foods Market (WFM), which I thought was unusual. Today the announcement came out that Amazon will buy WFM. http://www.reuters.com/article/us-whole-foods-m-a-jana-idUSKBN1972QU.

Someone knew something! And traded on the information before the announcement. You see all sorts of insider trading in the dark pool. I wish I had taken pictures of those dark pool prints. Yes, I started to see them on Tuesday, and kept seeing them through the week. Very interesting. If someone has a subscription to Livevol Pro: http://www.livevol.com, you can go back and check to see the dark pool volume this past week on WFM. It will be very interesting to see at what prices the prints happened as I do not have a record of it, but I do remember seeing them prior to the announcement. Now I know why.

I got too distracted with other trades, that I left this one on the table….but, wow. That is why there was so much volume this week prior to the announcement.