Lumen Technologies call buyer realizes 34% same-day gains

Notable profits for the buyer who lifted the $1.05 offer for 9,387 Lumen Technologies (LUMN) Oct-24 5.5 calls yesterday at 11:41ET when underlying shares were trading at $4.51. Shares closed at $5.00, and the calls at $1.40 for a mark-to-market profit of 34%, or $332K, on the $986K outlay.