article_snippet.sent: CNBC reports that An unnamed Wall Street trader paid $36 a share, and the call option was a mere 35 cents as options on the stock, at that point valued at $34.76 a share, were set to expire in just a few weeks.
article_snippet.sent: This, after factoring in the intital share price and call option, leaves the intital share price and call with a profit of approximately $2,539.832.
article_snippet.sent: a $0.35 call option allowed An unnamed Wall Street trader the right to purchase more shares in the company, in this case 315,800 shares, at the cost of $36, even though the value of shares quickly began to rise.
article_snippet.sent: That was an increase of 28%, but because of a $0.35 call option, An unnamed Wall Street trader was able to sell An unnamed Wall Street trader stocks at a far greater profit.
article_snippet.sent: What's more, call options for chipmaker