Notable profits for the buyer who lifted the $33.10 offer for 9,999 Microsoft (MSFT) Mar-25 460 puts yesterday at 09:42ET when underlying shares were trading at $453.07. Shares closed at $449.52, and the puts at $34.38 for a mark-to-market profit of 4%, or $1285K, on the $33097K outlay.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSFT: