If you are in the right option at the right time you can make pronographic profits. Near the close yesterday 1200 YHOO Feb $25 calls traded at .03 so if you had bought all 1200 of those it would have cost you $3600. After the buyout news today those calls were trading at $4 for a one day gain of 13,233%. The $3600 you invested yesterday would be worth $480,000, nasty!
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