Saturday, February 25, 2012 4:07:22 PM
If you paid 0.245 call your strike price 100%
98 / 24.5 = 4 or 400% minus your 100% = 300%
When someone buys X at 1 and sells at 2 they very
often say they made 200%.
OK the share doubled, but it's mis-leading because
they only made 100% profit.
I say only in a jestful manner, lol.
A lot of the touts qoute as if they paid nothing
for the shares when talking % gains.
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