Ackman Said To Be Increasing Herbalife Ltd. (HLF) Short

Is Bill Ackman thinking his battle with Herbalife Ltd. (NYSE:HLF) might become a more protracted ordeal?

Bill Ackman: Herbalife's option trading

CNBC’s Scott Wapner notes heavy options trading in the January $50 put on Friday and then, citing an unnamed options expert as a source, attributed the buying to Ackman.

“Whoever made that trade – and I’m told that person could be only one person – just rolled out their bearish bets for a full year,” Wapner said. “And he even committed a lot more capital, around $50 million, to that view.”

If in fact that person, “who could only be one person,” as Wapner stated, pointing to Ackman, importantly rolled the options forward. Ackman, in an e-mail...