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Alphabet put buyer realizes 251% same-day gains

Alphabet put buyer realizes 251% same-day gains

Notable profits for the buyer who lifted the $1.50 offer for 2,562 Alphabet (GOOG) Dec-24 195 puts yesterday at 10:00ET when underlying shares were trading at $196.53. Shares closed at $190.15, and the puts at $5.26 for a mark-to-market profit of 251%, or $964K, on the $384K outlay.

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