Re: Google options up 17530%. could someone Explain this
wie...@gmail.com
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...
