old dog options he paid about a hundred and fifty to control an option to buy 100 shares for 105 on or before sept 17th. if idcc gets bought out before that date for 150 they would roughly be worth 45k. 150 minus 105 equals 45 times 100 shares equals $4500. thirty times his money. bought out at 200 minus 105 equals 95 times 100 shares equals $9500. 63 times his investment. and so on last month i bought sept 50's when price in low 40's. paid 3 to 5 dollars for them. i was betting on nokia decision in our favor before sept options expired. got lucky and we had this announcement and they are now selling for 23 dollars. hope this helps
Market Data 
Markets 
AI
