Notable profits for the buyer who lifted the $4.00 offer for 2,696 Advanced Micro Devices (AMD) 11/1 weekly 167.5 calls yesterday at 09:57ET when underlying shares were trading at $161.63. Shares closed at $166.25, and the calls at $6.04 for a mark-to-market profit of 51%, or $550K, on the $1078K outlay.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMD:
