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Jul 25, 2014
9:51:58pm
Options trader makes 3000% profit in 2 hours on Sodastream stock
http://www.cnbc.com/id/101864683?__source=pd|facebook|sodastream_m_friendsof&par=pd#.

Trader buys 500 30-strike call options for $15 per contract. This $7500 investment gave that trader the right to buy 50,000 shares of Sodastream stock at $30 per share, but it was only trading at $29.50 and the contract expired in 1 day. Within 2 hours an unexpected announcement came that Sodastream was in talks with private investors to go private and the stock price shot up by $5 or $6, and the investor walked away with $250k. Not bad for a single day of trading (assuming it was a legit trade, which is a big assumption right now).
workindev
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Skeptical Optimist
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workindev
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