Notable profits for the buyer who lifted the $12.10 offer for 5,939 Alphabet Class A (GOOGL) Dec-25 290 puts yesterday at 09:41ET when underlying shares were trading at $288.31. Shares closed at $286.71, and the puts at $12.80 for a mark-to-market profit of 6%, or $418K, on the $7186K 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:
- Google’s $11B EU Fines Could Grow with Probe into News Search Practice
- Google under investigation by EU over suspected news search abuse
- China’s Tencent Q3 Profit Soars 19% on AI Boost, Beats Estimates
- NBCUniversal launching new cable sports channel, NBCSN, WSJ reports
- Google sues Chinese group selling software behind text message scams, FT reports