Notable profits for the buyer who lifted the $0.77 offer for 9,996 American Axle (AXL) Nov-25 6 calls yesterday at 15:22ET when underlying shares were trading at $6.33. Shares closed at $6.49, and the calls at $0.91 for a mark-to-market profit of 17%, or $132K, on the $773K outlay.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AXL:
