Notable profits for the buyer who lifted the $8.80 offer for 6,827 Amazon (AMZN) Sep-26 290 calls yesterday at 10:27ET when underlying shares were trading at $245.49. Shares closed at $249.02, and the calls at $10.35 for a mark-to-market profit of 18%, or $1055K, on the $6008K outlay.
Claim 30% Off TipRanks
Trade AMZN with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- xAI Faces NAACP Lawsuit over Alleged Poisoning of Black Memphis Families
- Amazon’s Globalstar Acquisition and Expanded Apple Partnership Underpin Long-Term LEO Growth and Support Buy Rating
- 3 Best Technology ETFs to Buy with At Least 20% Upside Potential
- Meta Platforms (META) Partners with Broadcom on Custom AI Microchips
- JPMorgan Earnings: Why JPMorgan Stock Is Down Despite Strong Q1 Numbers