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Costco put buyer realizes 114% same-day gains

Costco put buyer realizes 114% same-day gains

Notable profits for the buyer who lifted the $2.00 offer for 2,048 Costco (COST) Sep-24 895 puts yesterday at 09:57ET when underlying shares were trading at $920.60. Shares closed at $907.87, and the puts at $4.29 for a mark-to-market profit of 114%, or $468K, on the $410K outlay.

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