Notable profits for the buyer who lifted the $2.37 offer for 1,065 AST SpaceMobile (ASTS) 8/23 weekly 37 puts yesterday at 15:15ET when underlying shares were trading at $37.28. Shares closed at $36.44, and the puts at $2.96 for a mark-to-market profit of 25%, or $63K, on the $252K outlay.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to 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 ASTS: