Orange Juice Futures Movie ^hot^ Page
Margin Call.
Elian’s fund, Citadel Citrus , was bleeding. He was "long"—betting the price would go up. But gravity was pulling it down. Every day, he paid the market to keep his position open. It was called the "cost of carry," but it felt more like paying a kidnapper to keep your child alive, only to receive a smaller finger in the mail each week.
He looked at the orange liquid in the carton. It wasn't a drink. It was a story of survival. orange juice futures movie
The market opened the next morning at 138. The bottom was falling out.
3:45 PM.
Elian watched the number freeze at .
145.50. 145.55. 145.48.
The showdown occurs on the floor of the commodities exchange.