Bear Stearns Put Option Profits Update

After JP Morgan (JPM) decided to buy the Bear Sterns (BSC) for $2 on Monday, March 17, 2008, the reported 55,000 put contracts at 30 for $0.15 have increased in value to $25.10. The initial $825,000 would be worth $138,050,000 in less than a week.
Initial Investment = 825000
Intrinsic Value = -5
Premium ,% = 5.15,-103%
Final Option Price = 25.1
Final Investment Value = 138050000
Total Profit = 137225000
==========
Similar Stock Trading
Shares = 5500000
Initial Investment = 165000000
Final Value = 26950000
Profit = 138050000
From Options Profit Analyzer

Powered by ScribeFire.