Notable profits for the buyer who lifted the $0.90 offer for 1,928 Alphabet Class A (GOOGL) 1/30 weekly 335 calls yesterday at 10:56ET when underlying shares were trading at $327.92. Shares closed at $338.25, and the calls at $4.99 for a mark-to-market profit of 455%, or $789K, on the $174K 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 GOOGL:
- Shareholders Sue Klarna Over False Statements in IPO Documents
- Apple investors worried about Gemini and margin compression, says Needham
- ‘We Can’t Ignore It,’ Says Top Analyst about Broadcom; Upgrades AVGO Stock to Buy
- OpenAI Gears Up for Q4 IPO as Competition with Anthropic Intensifies
- Perplexity Signs $750M Cloud Deal with Microsoft – Is It Ditching Amazon?
