Notable profits for the buyer who lifted the $0.85 offer for 5,000 Exelixis (EXEL) Jan-24 25 calls yesterday at 10:29ET when underlying shares were trading at $21.84. Shares closed at $22.19, and the calls at $1.15 for a mark-to-market profit of 35%, or $150K, on the $425K outlay.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on EXEL: