[red sky]

Originally Posted by Senator Clay Davis

I would imagine whoever bought the options probably bought them in the $15-$18/share range, at which point they made a ton of money yesterday assuming they dumped.

Here you go: http://business.financialpost.com/20...re-15-1b-deal/

An investor bought 23,000 December $19 calls and sold 11,500 December $16 puts on July 20, according to Joe Kunkle, founder of ptionsHawk.com, a Boston-based provider of options market data and analytics. The trategy profits if the shares exceed the higher strike price by expiration and would make a profit of almost $19 million at the $27.50 offer price.

The same strategy was used to buy more than 20,000 September $17 calls while selling September $16 puts on July 16 and July 17 for a potential profit of almost $22 million, Kunkle said.
“The timing, size, and structure of these trades make it appear that this deal was leaked,” Kunkle wrote in an e-mail today.