How Mark Cuban Locked in His Yahoo! Fortune: Risk ...

http://twitter.com/hamzeianalytics - The Admiral, a former CBOE Designated Primary Market Maker, tells the story of how Mark Cuban locked in his enormous fortune after selling Broadcast.com to Yahoo! for about $5.7 Billion in 1999. While Mark Cuban was restricted from selling the Yahoo (YHOO) stock he got, he was able to keep the profits on Yahoo stock using risk reversal option strategies while Yahoo stock itself plummeted when the tech bubble burst.