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Message: Message from Breeze...Jan Call Options for $7USD

The strike price (in this case $7) plus the premium (7 cents) or 7.07 is roughly break even. With 2000 contracts, that's 200,000 shares so hypothetically, $7.17 at expiration date would yield about $20,000 profit, $200,000 for every dollar in excess of $7.07. But if it's close to the strike price, based on recent action in POET options, whomever sold those would try to get the price to close at or below $7. 

My guess is this person is looking for 100% or greater increase in share price between now and January 17, 2025. 

Here's a primer.

https://www.schwab.com/learn/story/options-expiration-definitions-checklist-more

 

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