Podcasts Business The Option Block Option Block 227: When Options Make an $800,000,000 Profit

Option Block 227: When Options Make an $800,000,000 Profit

Published: March 15, 2013, 4:13 p.m.

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Option Block 227: When Options Make an $800,000,000 Profit

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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.

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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).

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Xpress Block: What's new in the Ides Hub? Blackberry is back in the news.

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Strategy Block: Making adjustments on a simulated index concept strategy.

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Around the Block: How high will the S&P 500 reach? Gold & Silver. Mini options.