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Micron put buyer realizes 49% same-day gains

Notable profits for the buyer who lifted the $3.35 offer for 1,624 Micron (MU) Jun-25 125 puts yesterday at 09:58ET when underlying shares were trading at $122.96. Shares closed at $120.34, and the puts at $4.98 for a mark-to-market profit of 49%, or $264K, on the $544K outlay.

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