In a web exclusive, the guys reveal how to trade the CBOT and CME merger. Also The Pit Boss discusses the unusual options activity he sees in a popular retail name.
The headline: CBOT (BOT) Shareholders Approve Chicago Mercantile Exchange (CME) $11.9 Bid, Ending Takeover Battle; CME, Battling With Intercontinental Exchange (ICE) Over CBOT, Raised Its Bid For A 3rd Time On Friday; WSJ: ICE Has Decided It Will Not Raise Bid For CBOT
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Trader disclosure: On July 9th 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders. Finerman's Firm And Finerman Own (HD), Finerman's Firm Owns (COP), (JNJ), (KALU), (MSFT), (MDG), (AL), (YUM), (KFT), S&P Puts; Bolling Owns (ICE), (SLW), (NMX) Gold, Silver, Copper, Corn, Natural Gas; Bolling Is Short (FXI) And Owns (FXI) Puts; GE Is The Parent Company Of CNBC; CNBC Is A Service Of NBC Universal And Dow Jones