In 2005, Amaranth made substantial option bets on the price of natural gas. Suppose the price of

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In 2005, Amaranth made substantial option bets on the price of natural gas.

Suppose the price of natural gas had fallen by as much as it increased. Would LO6 Amaranth have lost as much as it gained in 2005?

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Risk Takers

ISBN: 978-1547416097

3rd Edition

Authors: John E E Marthinsen

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