SPY, QQQ Call Volumes Spiked Minutes Before Tariff Pause Announcement: Alexandria Ocasio-Cortez Demands Disclosure From Congress Members

Alexandria Ocasio-Cortez (D-N.Y.) has called for a disclosure by Congress members after observing that the Nasdaq call volume spiked minutes before President Donald Trump‘s announcement on a tariff pause.

What Happened: Trump announced a pause in the tariffs in a Truth Social post around 1:18 p.m. ET on Wednesday.

However, the data shared by Spencer Hakimian, the founder of Tolou Capital Management and Unusual Whales, a popular social media commentator and online suite for data feeds and tools on options flows, showed that call volumes for various contracts started spiking around 1:00 p.m. ET.

AOC, in an X post, said that “Any member of Congress who purchased stocks in the last 48 hours should probably disclose that now.”

While the disclosure deadline is May 15, AOC added that “We're about to learn a few things. It's time to ban insider trading in Congress.”

Any member of Congress who purchased stocks in the last 48 hours should probably disclose that now.I've been hearing some interesting chatter on the floor.Disclosure deadline is May 15th. ...

https://www.benzinga.com/government/regulations/25/04/44728276/spy-qqq-call-volumes-spiked-minutes-before-tariff-pause-announcement-alexandria-ocasio-cor