Yesterday on Wall Street.. The $1,000 turned into profits of $1.4 million within hours after ‎#Trump suspended tariffs 🔥🔥

How did that happen?

On Wednesday, "Wall Street" witnessed a historic deal that benefited some investors, but it was fraught with high risks.

The deal involved options contracts on an exchange-traded fund that tracks the S&P 500 index, known as SPY.

The contracts in question, which are options contracts with specific terms, are considered high-risk, especially since the contract's validity expires at the end of the trading session itself.

Due to this constraint, these contracts were offered at a price not exceeding one cent.

However, after the strong increases recorded by the S&P 500 index following U.S. President Donald Trump's announcement to suspend tariffs for 90 days, the price of the contract jumped from one cent to $14.58 within just four hours.

This means that if someone had invested $1,000 in this contract, they would have achieved $1.458 million by the end of trading!

In Arabic, it's akin to a game of roulette in a gambling casino.