tiprankstipranks
Microsoft put buyer realizes 4% same-day gains
The Fly

Microsoft put buyer realizes 4% same-day gains

Notable profits for the buyer who lifted the $33.10 offer for 9,999 Microsoft (MSFT) Mar-25 460 puts yesterday at 09:42ET when underlying shares were trading at $453.07. Shares closed at $449.52, and the puts at $34.38 for a mark-to-market profit of 4%, or $1285K, on the $33097K outlay.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App