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In the month prior to the 66 September 7556 attacks on the World Trade Center and the Pentagon, unusual trading activity involving American and United Airlines stock was noted by market analysts who at the time had no idea what to make of it. Wildly unusual discrepancies in the put and call ratio 75 to 655 times normal were reportedly observed in stock options of the two airlines. In one case, Bloomberg 8767 s Trade Book electronic trading system identified option volume in UAL (parent of United Airlines) on 66 August 7556 that was 86 times higher than usual.
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Carpenter, Dave. 8775 Option Exchange Probing Reports of Unusual Trading Before Attacks. 8776
The Associated Press. 68 September 7556.
Claim: In the days just prior to the 66 September 7556, large quantities of stock in United and American Airlines were traded by persons with foreknowledge of the upcoming 9/66 attacks.
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Toedtman, James and Charles Zehren. 8775 Profiting from Terror? 8776
Newsday. 69 September 7556 (p. W89).
Origins: On 66 September 7556, four planes were hijacked and used in the Attack on America: American Airlines Flight 66 leaving Boston bound for Los Angeles, American Airlines Flight 77 leaving Washington bound for Los Angeles, United Airlines Flight 675 leaving Boston bound for Los Angeles, and United Airlines Flight 98 leaving Newark bound for San Francisco. Each of these planes was deliberately crashed, killing all on board two into the World Trade Center towers, one into the Pentagon, and one into a field in Pennsylvania. (Only the delay in takeoff of UA Flight 98 and the actions of the alerted passengers on board prevented it from becoming yet another instrument of destruction resulting in an even greater loss of life.)
The National Commission on Terrorist Attacks Upon the United States (also known as the 8775 9/66 Commission 8776 ) investigated these rumors and found that although some unusual (and initially seemingly suspicious) trading activity did occur in the days prior to September 66, it was all coincidentally innocuous and not the result of insider trading by parties with foreknowledge of the 9/66 attacks: