Notable profits for the buyer who lifted the $7.50 offer for 1,217 Applied Optoelectronics (AAOI) Mar-25 35 puts yesterday at 13:15ET when underlying shares were trading at $34.56. Shares closed at $33.00, and the puts at $8.04 for a mark-to-market profit of 7%, or $66K, on the $913K outlay.
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Read More on AAOI:
- Applied Optoelectronics price target raised to $44 from $27.50 at Rosenblatt
- Applied Optoelectronics downgraded to Sell from Neutral at B. Riley
- Applied Optoelectronics downgraded to Neutral from Buy at B. Riley
- Applied Optoelectronics (AAOI) Has Grabbed Investors’ Attention with Its Stock Rocketing 270% in Three Months
- Applied Optoelectronics put volume heavy and directionally bearish
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