tiprankstipranks

Citi call buyer realizes 13% same-day gains

Citi call buyer realizes 13% same-day gains

Notable profits for the buyer who lifted the $1.25 offer for 10,000 Citi (C) Jun-25 95 calls yesterday at 11:33ET when underlying shares were trading at $81.95. Shares closed at $82.33, and the calls at $1.41 for a mark-to-market profit of 13%, or $159K, on the $1250K outlay.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue