Option Block 227: When Options Make an $800,000,000 Profit
Mar 15, 2013•55 min
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
Option Block 227: When Options Make an $800,000,000 Profit
Trading Block: The S&P's are right up against their all-time highs. Citadel exited their E-Trade position, which is down 75% from when they bought it, and still turned an $800M profit with hedging and options. Minis begin trading Monday, March 18.
Odd Block: It was a hard luck day for E-Trade (ETRA), running of the bulls in KBW Regional Bank ETF (KRE), and an incredible purchase in Heckmann Corp (HEK).
Xpress Block: What's new in the Ides Hub? Blackberry is back in the news.
Strategy Block: Making adjustments on a simulated index concept strategy.
Around the Block: How high will the S&P 500 reach? Gold & Silver. Mini options.
For the best experience, listen in Metacast app for iOS or Android