Comment Comment by gavinray > Bohra’s Husband and Bohra’s Father-in-Law had spent more than $850,000 on purchasing Amazon call options and common stock in order to trade> Amazon’s stock price increased 2.87% over the prior day’s closing price.> In total, accounts belonging to Bohra’s Husband, her Father-in-Law, and her 10 Mother-in-Law made a profit of approximately $664,000Am I stupid?$850,000 * 1.0287 = $874,395, which is $24,395 profit.Where are the other ~$640,000 coming from? parent gavinray 6 years ago
> Amazon’s stock price increased 2.87% over the prior day’s closing price.
> In total, accounts belonging to Bohra’s Husband, her Father-in-Law, and her 10 Mother-in-Law made a profit of approximately $664,000
Am I stupid?
$850,000 * 1.0287 = $874,395, which is $24,395 profit.
Where are the other ~$640,000 coming from?