Notable profits for the buyer who lifted the $1.03 offer for 20,000 Amer Sports Inc (AS) Nov-25 30 puts yesterday at 10:24ET when underlying shares were trading at $34.23. Shares closed at $32.44, and the puts at $1.44 for a mark-to-market profit of 41%, or $833K, on the $2056K outlay.
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Read More on AS:
- EA downgraded, AppLovin initiated: Wall Street’s top analyst calls
- Unusually active option classes on open September 29th
- Amer Sports upgraded to Overweight from Equal Weight at Wells Fargo
- Largest borrow rate increases among liquid names
- Strong Growth Potential for Amer Sports Driven by Arc’teryx and Strategic Regional Expansion
