Notable profits for the buyer who lifted the $0.25 offer for 9,851 Cassava Sciences (SAVA) Feb-25 3 calls yesterday at 10:51ET when underlying shares were trading at $2.65. Shares closed at $2.75, and the calls at $0.40 for a mark-to-market profit of 60%, or $149K, on the $246K outlay.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAVA:
- Lost Money on Cassava Sciences, Inc.(SAVA)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky LLP
- Largest borrow rate increases among liquid names
- Biotech Alert: Searches spiking for these stocks today
- Trump threatens tariffs, Zoom reports Q3 beat: Morning Buzz
- Cassava Sciences downgraded to Neutral from Buy at H.C. Wainwright