Ackman Said To Be Increasing Herbalife Ltd. (HLF) Short

HFA Padded
Mark Melin
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Updated on

Is Bill Ackman thinking his battle with Herbalife Ltd. (NYSE:HLF) might become a more protracted ordeal? Bill Ackman: Herbalife’s option trading CNBC’s Scott Wapner notes heavy options trading in the January $50 put on Friday and then, citing an unnamed options expert as a source, attributed the buying to Ackman. “Whoever made that trade – and I’m told that person could be only one person – just rolled out their bearish bets for a full year,” Wapner said. “And he even committed a lot more capital, around $50 million, to that view.” If in fact that person, “who could only…

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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