On CNBC's "Fast Money Final Trade," Pete Najarian said he bought Luckin Coffee Inc (NASDAQ: LK) on Wednesday and he sold some calls against the long position
Summary: Portfolio managers raised their net long position
in Brent by 10m barrels to a record 544m barrels in the week ending on December 12
By April 4, hedge funds and other money managers had amassed a net long position
in the two main futures and options contracts linked to US gas prices equivalent to 3,280 billion cubic feet.
The combined impact of these changes is that hedge funds and other money managers increased their net long position
in crude futures and options by a modest 26mn barrels to 555mn barrels.
Over the same period, hedge funds and other money managers raised their net long position
in US crude futures from the equivalent of 258 million barrels to a record 401 million.
The bylaws would ensure that cash-strapped banks (in short position) would not be able to withdraw money in certain denominations in Bank Indonesia as long as there are banks with excess money in the same denominations (in long position
Last Friday's volume was reported at 186,163 contracts which was average at best but saw a decline in open interest of 4,893 contracts which suggests further profit taking by major long position
If a taxpayer owns a security (a long position
), he is able to lock in the economic gain by "selling short against the box" (selling a borrowed security), or vice versa.
"If he was telling everyone that for every long position
he was short somewhere else to arbitrage his risk, the bank should have seen that by looking at the back end of all his trades," Shank points out.
The concept works, AEW said, because it allows one party essentially to liquify real estate assets, while giving the other party the opportunity to create for itself a long position
in real estate, all within a set time frame.
A long position
in an asset gains if its price goes up; a short position in an asset gains if its price goes down.