tiprankstipranks
Advanced Micro Devices call buyer realizes 51% same-day gains
The Fly

Advanced Micro Devices call buyer realizes 51% same-day gains

Notable profits for the buyer who lifted the $4.00 offer for 2,696 Advanced Micro Devices (AMD) 11/1 weekly 167.5 calls yesterday at 09:57ET when underlying shares were trading at $161.63. Shares closed at $166.25, and the calls at $6.04 for a mark-to-market profit of 51%, or $550K, on the $1078K outlay.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App