Notable profits for the buyer who lifted the $3.50 offer for 1,008 Apple (AAPL) 12/12 weekly 280 calls yesterday at 11:43ET when underlying shares were trading at $278.46. Shares closed at $283.10, and the calls at $6.09 for a mark-to-market profit of 74%, or $261K, on the $353K outlay.
Claim 70% Off TipRanks This Holiday Season
- 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 AAPL:
- Apple (AAPL) to Reject India’s Cyber App, Samsung Yet to Decide
- Google’s Gemini 3 Supremacy Halts OpenAI Monetization, Forcing Partners Microsoft & Oracle To Wait
- Apple to not comply with Indian order to preload state-run app, Reuters says
- Samsung Amps Up Competition with Galaxy Z TriFold Smartphone Launch
- Apple (AAPL) Hands AI Wheel to Microsoft Veteran Amar Subramanya After Giannandrea Exits