I'm not sure how this even made Bloomberg. In the 90's Richie (prop trading for Ray Cahnman at TransMarket) made like $20M one year scaling into a monster Fives vs Tens futures trade - never made the "formal news".
I've got mucho guys doing that all the time (so they tell me, I don't get their actual account statements but they'll send me spreadsheets) trading exclusively intramarket futures flys and condors. If you get a sexy Eurodollar or Euribor entry you're going to sit with it for six months. Oil, Natty, and Sugar for example we will get more signals than the STIRS. But the STIRS are great because they really have modest drawdowns.
Yep, so it sounds like they paid between 1 and 1.5 ticks for it... That's peanuts, really. More to the point, I have a hard time imagining that this fly was such a wonderful trade.
Is there a legal or business reason they can't share their results with you? Obviously you'd keep the information confidential.
I stand corrected... They didn't do 380k of this, but rather more like 150k. This means they paid arnd 3 ticks. Still peanuts, in the grand scheme of things.
I agree with @bone on this. It's hardly news. Payouts like this are far more common than fin journalists seem to understand. Perhaps the sensationalism is good for bringing more players into the market?