One Investor's Bet on Today's Merger Earns 5,600% Return

[OddTrader]

One Investor's Bet on Today's Merger Earns 5,600% Return

http://www.cnbc.com/id/48401383

"According to several options market participants, one investor purchased 2,000 Aug $29 calls in Shaw Group for 25 cents a piece on Thursday. With Shaw shares hitting all-time high near $44 on Monday, the calls were worth about $14, a stunning 5,600 percent return for the investor."

 

[pikerforlife]

an 'investor' putting $50k down on .25 options, next day worth $2mil+. what did he know? also, who took the other side of that trade?

 

[diaoptions]

Quote from pikerforlife:

an 'investor' putting $50k down on .25 options, next day worth $2mil+. what did he know? also, who took the other side of that trade?

And 12% OTM, that makes it even more suspicious.

 

[kinggyppo]

so is it a story if the investor lost,

unknown investor loses 2000 x 25 = $50,000

STOP THE PRESSES SOMEONE LOST 50K LOL!