Notable profits for the buyer who lifted the $10.05 offer for 1,049 Boeing (BA) Aug-24 180 calls yesterday at 11:21ET when underlying shares were trading at $184.54. Shares closed at $186.48, and the calls at $11.14 for a mark-to-market profit of 11%, or $115K, on the $1054K outlay.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BA:
- UK Stocks: Rolls-Royce (RR) and Airbus Explore Narrow-Body Engine Deal
- Boeing (NYSE:BA) Gains as Airlines Order More Planes
- New Deal with Air Force Can’t Save Boeing (NYSE:BA) Shares
- Spirit AeroSystems suspends earnings conference calls in light of Boeing merger
- Boeing’s Wisk sees carrying passengers ‘later in the decade,’ Reuters reports