article_snippet.sent: One Wall Street trader used perfect timing to capitalize on one of the biggest deals of the year when Wall Street the Wall Street Journal mergers and acquisitions reporter Dana Mattioli took to Twitter to announce that Intel was in talks to buy one of Intel competitors, chipmaker Altera.
article_snippet.sent: Seconds later, One Wall Street trader had snapped up 3,158 contracts of chipmaker Altera, with each option contract giving 3,158 contracts of Altera the right to purchase 100 shares.
article_snippet.sent: An unnamed Wall Street trader purchased 315,800 shares of chipmaker Altera one minute after the Wall Street Journal reported Intel was in talks to purchase them .
article_snippet.sent: 3:32pm: the Wall Street Journal reports that Intel is in talks to buy Altera.
article_snippet.sent: 3:33pm: An unnamed Wall Street trader purchases 315,800 shares of chipmaker Altera at $36 a share for a total cost of $11,368,000 plus $110,530 for a $0.35 call option.
article_snippet.sent: Nasdaq suspends trading of chipmaker Altera in the wake of the Wall Street Journal.
article_snippet.sent: : An unnamed Wall Street trader sells chipmaker Altera at the new share price of $44.39 for a total of $14,018,362.
article_snippet.sent: Just 28 minutes later, when the market closed for the day, chipmaker Altera was valued at $44.39 per share.
article_snippet.sent: Even more impressive is that An unnamed Wall Street trader managed to make the purchase just minutes before Nasdaq suspended trading of chipmaker Altera because of the tweet from Mattioli.
article_snippet.sent: Altera had at that point reached a price of $8.10 by the end of the day.
article_snippet.sent: There is also a chance, reports Matt Khouw, that An unnamed Wall Street trader could have been aware of Intel's plan to buy chipmaker Altera early, or that they used a bot to quickly buy the shares. '
article_snippet.sent: As for Intel's reported purchase of chipmaker Altera, that still has yet to happen.
article_snippet.sent: Meanwhile, Intel share prices fell earlier this week in response to the news that Intel share prices might purchase chipmaker Altera.
highlights_snippet.sent: An unnamed Wall Street trader purchased 315,800 shares of chipmaker Altera one minute after the Wall Street Journalreported Intel was in talks to purchase them .
  
highlights_snippet.sent: 315,800 shares of chipmaker Altera were sold to An unnamed Wall Street trader at $36, and just 28 minutes later, when the market closed, shares were selling for $44.39 .
  
highlights_snippet.sent: Intel's reported purchase of chipmaker Altera still has yet to happen, and the news has actually caused the price of Intel shares to fall .