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Message Subject Check out who made a bet against Cyprus Banks last month... Planned, 100% take a look
Poster Handle CowboyEE
Post Content
That bet has been a loser to date.

XLF which they put they puts on to go down below 16.00 by April 20th has risen from 17.30 to 18.29.

That bet has lost over 65% in Value.

It may work for them but they are not happy right now.

Open interest in the April 16 puts is 340,000 Contracts and the April 17 puts have 352,000 Contracts.

They paid over $20 dollars per contract and they are now worth $6.

Not a very wise inside trade if you ask me.

Just Saying.
 
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