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Jefferies Group, Inc. Message Board

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  • tlee22202 tlee22202 Dec 5, 2011 10:02 AM Flag

    JEF made some tens of millions purchasing their own bonds

    Early last Friday morning, a large trade went through: long April 13.00 calls and short April 9.00 puts

    It would not surprise me if JEF was the party who had done this trade since it was essentially a push. This is a good strategy since you are financing the calls by selling the puts.