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#11
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An investor who bought 759 bullish AirTran Holdings Inc. options last week captured a 14-fold gain today after Southwest Airlines Co. agreed to buy the company. ... Excluding commissions, buying the contracts at 15 cents each on Sept. 21 would have cost about $11,385, compared with about $163,000 to sell them at the open of U.S. exchanges today, according to data compiled by Bloomberg.
http://www.businessweek.com/news/201...-purchase.html Not sure if this one passes the smell test............. |
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