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Fortress Transportation put buyer realizes 231% same-day gains

Notable profits for the buyer who lifted the $0.30 offer for 1,182 Fortress Transportation (FTAI) Jan-25 155 puts yesterday at 13:00ET when underlying shares were trading at $180.74. Shares closed at $174.02, and the puts at $0.99 for a mark-to-market profit of 231%, or $82K, on the $35K outlay.

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