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"Trader's $22k Investment Turns into $10M: A Remarkable Success Story"

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Source: The Tokenist
"Trader's $22k Investment Turns into $10M: A Remarkable Success Story"
Photo: The Tokenist
TL;DR

An unknown investor achieved a staggering 45,650% return on investment by purchasing 127 call options on Splunk stock ahead of Cisco's acquisition announcement. The investor's $22,000 investment turned into a $10 million profit in just one day. The Securities and Exchange Commission is likely to launch an investigation into the highly anomalous trade, as it raises suspicions of insider trading.

Topics:businessfinance#cisco#finance#options-trading#roi#sec-investigation#splunk
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  1. Incredibly "Insightful" Trader Pockets $10M on a $22k Investment  The Tokenist
  2. Cisco taps new M&A firm Tidal for $28 billion Splunk acquisition deal  CNN
  3. Splunk, a Cave Diver for Data, Lures $28 Billion Cisco Bid  Data Center Knowledge

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