A “groundbreaking” study on insider trading confirms your worst suspicions: insider trading is worse than you might imagine.
The report shows that 30 days prior to a merger and acquisition announcement unusual option activity took place in the options markets in one out of four cases.
Insider trading before JPMoragan - Bank One merger announcement
The merger of Bank One with JPMorgan Chase & Co. (NYSE:JPM) in 2004, in which one investor was alleged to have bought deep out-of-the-money calls just hours...

![Insider Trading Involved In 1 Out Of 4 Mergers [STUDY] Insider Trading Involved In 1 Out Of 4 Mergers [STUDY]](https://hedgefundalpha.com/wp-content/uploads/2021/05/connection-lost-3498366_1280.png)
