Notable profits for the buyer who lifted the $2.10 offer for 4,099 Alphabet Class A (GOOGL) 11/1 weekly 180 puts yesterday at 09:34ET when underlying shares were trading at $180.54. Shares closed at $174.46, and the puts at $5.92 for a mark-to-market profit of 182%, or $1566K, on the $861K outlay.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL: