Notable profits for the buyer who lifted the $1.50 offer for 2,002 Boeing (BA) Jul-24 182.5 puts yesterday at 11:36ET when underlying shares were trading at $188.67. Shares closed at $185.84, and the puts at $2.35 for a mark-to-market profit of 56%, or $169K, on the $300K outlay.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BA:
- Is Boeing (NYSE:BA) Guilty Plea Good News for Investors? Oddly, Yes
- Europe Challenges SpaceX’s Dominance with New Rocket Launch
- AerCap announces major business transactions during Q2
- Spirit AeroSystems downgraded to Neutral from Overweight at JPMorgan
- Spirit AeroSystems downgraded to Market Perform from Outperform at Bernstein