Notable profits for the buyer who lifted the $3.25 offer for 5,000 Biohaven (BHVN) May-25 20 calls yesterday at 13:37ET when underlying shares were trading at $19.70. Shares closed at $20.37, and the calls at $3.74 for a mark-to-market profit of 15%, or $248K, on the $1624K outlay.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHVN: