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Bet of the day

EADS, the Franco-German maker of Airbus, has been under duress this week, first failing to deliver its A380 to key clients on time and then having to admit contentious share sales by key executives. In March EADS shares were as high as €35.00; yesterday they closed at €19.90. Cantor Index is offering a €20.20-€20.40 September contract-related spread.