Uh, Lurker, I'm not an options trader, but 850%? Not true, with call options at $.05. They can be sold on the open market again at a higher price. I could easily see a large profit, percentage wise, if the deal gets signed and permitted by year end, in that the possible expectations for the share price by expiration could go way up. Options are all about expectations, hence the possibility for a great return.

Am I missing something?