Thursday, November 15, 2012

Carl Icahn - Netflix 'Tomb Raider' or Savior?

Carl Icahn - Netflix 'Tomb Raider' or Savior?: Unlike past proxy battles, Icahn’s $168.9 million invested in Netflix (NFLX-$79.60) is a highly leveraged bet. He controls his stake principally through in-the-money call options: Of 4.7 million shares “bought” in the past 60 days, almost 4.3 million (90%) were two-year call options (at $36.05 a share) purchased at premiums ranging from $18.94 to $24.78 per contract, which expire on

DIGITAL JUICE

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