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Micron put buyer realizes 3% same-day gains

Notable profits for the buyer who lifted the $75.00 offer for 1,870 Micron (MU) Dec-26 420 puts yesterday at 09:47ET when underlying shares were trading at $463.89. Shares closed at $455.07, and the puts at $77.27 for a mark-to-market profit of 3%, or $425K, on the $14025K outlay.

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