New Fortress Energy put buyer realizes 16% same-day gains
The Fly

New Fortress Energy put buyer realizes 16% same-day gains

Notable profits for the buyer who lifted the $1.45 offer for 3,151 New Fortress Energy (NFE) Nov-24 12 puts yesterday at 13:15ET when underlying shares were trading at $13.48. Shares closed at $13.05, and the puts at $1.67 for a mark-to-market profit of 16%, or $71K, on the $457K outlay.

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