Notable profits for the buyer who lifted the $13.30 offer for 6,793 Apple (AAPL) Aug-26 300 puts yesterday at 13:57ET when underlying shares were trading at $302.32. Shares closed at $300.23, and the puts at $14.29 for a mark-to-market profit of 7%, or $674K, on the $9035K outlay.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Trump Says He “Should Have Asked for More” on Intel as INTC’s 300% Rally Faces Wall Street Caution
- Global Finance Leaders Demand Briefing on Anthropic’s Mythos AI Cyber Threats
- Want Nvidia Stock (NVDA) Exposure Ahead of May 20 Earnings? Consider These 3 ETFs
- Apple sells cheaper devices by using chips with slight defects, WSJ says
- Apple may launch revamped Siri in beta, Bloomberg reports