Insider Information on Takeover Rumor - Using Options To Make A Million Dollars!

xyannix · Feb 27, 2013

Being an option trader means everyone will ask you know how to trade options on a company you think will be taken over.

So here is an article explaining it. http://www.optionsweekly.com/buying-options-for-company-takeover-on-insider-information/

Just watch out for the SEC & FBI investigators!

EliteTraderNYC · Feb 27, 2013

The SEC recently sued some options traders for Heinz buyout so be careful dont have traceable inside info.

Traveler · Feb 27, 2013

The market makers have a pretty good track record at getting their money back if you whack them on inside info. Be careful.

xyannix · Apr 26, 2013

And the KMPG auditor was doing insider trading too. People never learn

danielc1 · Apr 26, 2013

Quote from EliteTraderNYC:

The SEC recently sued some options traders for Heinz buyout so be careful dont have traceable inside info.

They didn't 'ketchup' with me, yet...

levitation · Apr 27, 2013

thanks, i'll try this out on KRO in the upcoming months