Traders Lose On China ETF Trades

Traders Lose On China ETF Trades: On paper, the trades, which dwarfed normal options activity in the funds, gained in value as the ETFs rallied in early December. As of the close on Dec. 9, the positions appeared to be up some $138 million on the initial outlay of about $225 million. But since then, the ETFs have retreated to below where they were trading when the bullish bets were placed.
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