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Eric Mindich made a bet on the return of volatility (or just hedged his longs) in Q4 with Eton...

Eric Mindich made a bet on the return of volatility (or just hedged his longs) in Q4 with Eton Park's latest 13F showing a 1.35M share position in the VXX. All other positions, including big holdings of Apple, Citigroup, Dollar General, and News Corp. - among others - remain the same as the previous quarter.
Comments (5)
  • Surprised he would choose this poorly structured product to hedge-good idea wrong vehicle.
    6 Feb 2013, 02:33 PM Reply Like
  • Unless I'm blind he's long in the money puts worth $9/share. I believe you read that incorrectly.
    6 Feb 2013, 02:53 PM Reply Like
  • Wrong Wrong Wrong. They are long puts on VXX ($9/avg value) and VXZ ($33-34 avg value) Read the filing..
    6 Feb 2013, 03:14 PM Reply Like
  • Israel is 100% right he's short VOL not long.
    6 Feb 2013, 03:48 PM Reply Like
  • And so firm of IZZMAC began.
    6 Feb 2013, 04:01 PM Reply Like
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