### Comment:
At EOD today they were .50/ contract. Given the big run up, assuming IV stays constant (not probable) I'd predict they hit about the .79 level again. However, AAPL tomorrow morning could possibly increase to 1.00 given IV rise. That would give him a decent profit if he could sell them 


### REPLY:
According to your explanation, he might make .29 profit per contract or literally double his money. 
  
 I still don't see the bad scenario here...

### END.