To good to be true??

[tommybitt]

I'm somewhat new to options and was looking for a bit of assistance.
I'm following a particular U.S. equity with current price around $82.
I found an April $44 call that costs only $12.65. That would put my "make" price at $55.65. Now with the current price at $82...wouldn't that make an immediate profit of 200.4%? (or $2535)??

$44 + 12.65= 55.65 82-55.65 = 26.35(100) = 2635/1265= 2.04 = 204%

I feel as though either I'm missing something, my calcs are wrong, this is too good to be true, ....or I should snatch this call up quickly.