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Colgate Palmolive put buyer realizes 9% same-day gains

Notable profits for the buyer who lifted the $2.39 offer for 4,701 Colgate Palmolive (CL) Jun-25 92.5 puts yesterday at 12:25ET when underlying shares were trading at $95.18. Shares closed at $94.26, and the puts at $2.60 for a mark-to-market profit of 9%, or $100K, on the $1123K outlay.

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