He's prb exaggerating a bit here. Based on his own admission he bought mostly 5$ Dec calls. Based on the assumption he owns all open calls the most he will make if it goes to 8$ is 900,000. If that's true more power to him but more likely he's exaggerating a bit as most do on MB.
Not counting on 8.50 and thats why I didn't get the 6 or 7 dollar calls. But like I said this hits 7 and I'm very very happy. But 8.50 is in the realm of possibility depending on where we are before results and how good they are. I could see a 40% jump up from 6 dollars for example as an easy way to get there.