Posted: Tuesday, July 29, 2014 11:41 AM ET
By: Julian Close
How would you like to make a 3,000% return in the market in just two hours? Impossible, you say? Actually, an unknown trader apparently lived this dream just last week.
At 9:58 AM on Thursday, July 24, while shares of SodaStream (SODA) were trading at $29.50, someone bought $7,500 worth of SODA July 25 30 calls. He (or she) paid $0.15 each for these options. If you aren't familiar with options lingo, what our hero/heroine got for this money was the right to buy SODA stock at $30, any time during before the close of trading the next day... Read More