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Message from discussion Google options up 17530%. could someone Explain this
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wie...@gmail.com  
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 More options Apr 18 2008, 3:21 pm
From: wie...@gmail.com
Date: Fri, 18 Apr 2008 12:21:00 -0700 (PDT)
Subject: Re: Google options up 17530%. could someone Explain this
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Yes.  The gain assumes you trade in (purchase) and out (sell) of the
referenced options contract.  Purchase price was $0.10.  High was
$17.63.  Theoretical gain was $17.53 or 17,530%.
> I am probably not thinking straight after reading this article and
> need some one to explain this seventeen thousand percent gain!!!
> Does this mean that if i had bought these call options for 10 cents a
> contract..say for a total of $100 yesterday. I would be looking at a
> profit of $17,000?
> Is this possible?

> http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=G...


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