CFTC: Goldman Trader Hid $8.3 BILLION Trading Position

Quote from bathrobe:

At 1420, (roughly the price in mid Nov and Dec 07) it is 11,600 ES contracts and $580,000 per point.


You off by a factor of 10 i think.

If so its 116,000 contracts. So almost $6mill a point.
 
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