Insider Trading

My super secret sources alerted me to heavy call buying in MEE on friday. MEE was trading around $56 on friday but somebody bought 10,000 Feb $65 call options. These calls are almost 15% out of the money, so the person was obviously banking on a buyout before the third friday of February.

Lo and behold, this comes out this morning. Alpha Natural Resources is in talks to buy-out MEE in a deal valued at $69-$70/share.

The 10,000 calls bought between  $30-$60 a contract are now worth $400-$500 per contract. A gain over 1300%!!!

Was somebody privy to non-public information??