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Delta Air Lines put buyer realizes 14% same-day gains

Notable profits for the buyer who lifted the $1.95 offer for 7,000 Delta Air Lines (DAL) Feb-25 65 puts yesterday at 09:49ET when underlying shares were trading at $66.53. Shares closed at $65.82, and the puts at $2.23 for a mark-to-market profit of 14%, or $193K, on the $1365K outlay.

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