Saturday, February 02, 2008

Microsoft bid for Yahoo Options Profit

Buying ten contracts of Yahoo (YHOO) at 27.5 for February on January 31, 2008 before the announcement of Microsoft's (MSFT) hostile bid of $31 on February 1, 2008, would have returned $2450 in one day.
Initial Investment = 50
Shares Available = 1000
Final Investment Value = 2500
Total Profit = 2450
Percent Return = 4900


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