Herbalife Option Chain
By Reuters Staff. N as a new way to bet against the nutritional supplement company he has described as a pyramid scheme.
On Wednesday Ackman said that the short stock position has been closed. Usually closing out a short position when a stock price has climbed signals that an investor has taken a loss.
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The move to options caps potential losses he might incur in the future. For years, Ackman has said that the company would eventually crumble under regulatory scrutiny for operating what he has called a pyramid scheme, a claim Herbalife denies. Put options give the holder the option to sell a stock at a set price.
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HLF: Herbalife LTD. - Options Chain -
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