tiprankstipranks
Advertisement
Advertisement

DigitalOcean Holdings put buyer realizes 40% same-day gains

Notable profits for the buyer who lifted the $5.76 offer for 2,252 DigitalOcean Holdings (DOCN) 4/24 weekly 80 puts yesterday at 10:17ET when underlying shares were trading at $81.14. Shares closed at $75.59, and the puts at $8.05 for a mark-to-market profit of 40%, or $515K, on the $1298K outlay.

Claim 55% Off TipRanks

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

Disclaimer & DisclosureReport an Issue

1