Reuters, via Atrios:

Nasdaq OMX Group (NDAQ.O) said on Friday it will launch options trading on its three-week old Government Relief Index, which tracks the performance of companies bailed out by U.S. taxpayers…

The Government Relief Index lists 24 companies that received at least $1 billion from the Troubled Asset Relief Program, or TARP, and other government aid plans.

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Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu. Follow him on Twitter at @ryanchittum.