ALTC Acquisition Corp put buyer realizes 332% same-day gains

Notable profits for the buyer who lifted the $0.20 offer for 2,000 ALTC Acquisition Corp (OKLO) May-24 7.5 puts yesterday at 14:19ET when underlying shares were trading at $10.31. Shares closed at $8.45, and the puts at $0.86 for a mark-to-market profit of 332%, or $133K, on the $40K outlay.