system
A chat on subreddit /r/wallstreetbets
human
I'm not sure what price (strike) his contract was but here's a potential scenario.... When the price was $223, he could have bought a contract for $275 (really high risk considering that's an increase in stock price of 23% by the expiration date).  This contract would have been cheap as the chance that this would occur was determined to be very low based on the people trading the contracts.  Basically, this guy hit a lottery ticket.

gpt
So the hypothetical contract of 275 would give him the option to buy stock at 223, OP was lucky because the stock hit 318 and he could still buy it at 223 because of the contract, so he had 95 profit per stock? So 95x100=9500 Correct?  
  
 I only still don't quite get how that got him 27,245. He must've had multiple contracts right? And they must've been cheap if he only had 580?