Some Rambus options magic:
Just for fun.
On June 2, Rambus closed at $36 15/16.
On June 24, Rambus hit intraday high of $64
If you had invested $1000 in calls on June 2 (at the ask):
in June 35s (@ $3.25), you would have about $ 9,000 (at the high)
in June 40s (@ $ .75), you would have about $32,000 (at the high)
in June 45s (@ $ .3125), you would have about $61,000 (at the high)
in June 50s (@ $ .25), you would have about $56,000 (at the high)
That was as high as they went on that day. And, the sell price includes no premium at all.
And, that is if you had bought the calls originally at the ask at the close on June 2.
Of course, Rambus isn't at $64 today, but there's still 3 weeks left for it to go even higher.
One word: awesome. |
